This type of single-tenant property may be just the answer for investors who are nervous about recent economic events, says Avison Young’s Jonathan Hipp.
Along with (literally) the rest of the world, we’re watching the daily news of the spread of the coronavirus, now upgraded by the World Health Organization to pandemic status. We hold to what we have said all along in terms of its impact on investment, namely, play the long game and know that this too shall pass. As devastating as the news is–and it is–the old rules of investment still apply. Just as panic won’t help …
A creditworthy tenant with a certain degree of correction-resistance in its marketing strategy is a fairly sure bet to hedge against the vagaries of the greater market.
The coronavirus news gets scarier every day as the spread of the disease worsens. Investors have taken notice, and the stock market reflects it. But those of us who have been in the business long enough, know that the long-game is the thing.