Select Income Reit (NYSE:SIR)

CAPS Rating: 5 out of 5

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Member Avatar Sflbadaor (62.30) Submitted: 2/18/2015 2:58:29 PM : Outperform Start Price: $24.46 SIR Score: +3.59

Basically trading at book value with a juicy 8%+ yield. Given the ~2% vacancy rate in the supply-constrained Hawaii industrial market, I expect asset values to appreciate and rents to rise ahead of inflation during renegotiation. Two major properties, the largest refinery on Oahu and Servco Toyota dealership (most popular make in the islands) aren't going anywhere.

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Member Avatar 45ACPbullseye (51.86) Submitted: 12/6/2013 12:13:29 PM : Outperform Start Price: $25.40 SIR Score: -15.77

A major chunk of SIR assets is land owned in Hawaii and leased to credit tenants who build and own the buildings. Land is scarce, demand is high, and these leases reset periodically to current market rates. During 2012 and the first three quarters of 2013 the increases in rent were 50%. Not a typo. http://www.fool.com/investing/general/2013/12/05/why-this-dividend-stock-is-a-rule-breaker.aspx

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Member Avatar emtking (56.95) Submitted: 9/16/2013 2:53:03 PM : Outperform Start Price: $22.26 SIR Score: -8.86

SIR is an REIT comprised mostly of Hawaii based properties. I believe that we are coming out of the bottom of the housing bust with possibly a good new ten year property bubble starting. REITs should do VERY well as long as the housing recovery continues to gain momentum.

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