WPT Industrial Real Estate Investment Trust (OTCMKTS:WPTIF – Get Free Report) was down 7.6% during mid-day trading on Monday . The stock traded as low as $20.00 and last traded at $20.10. Approximately 5,700 shares traded hands during trading, a decline of 81% from the average daily volume of 30,230 shares. The stock had previously […]
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WPT Industrial Real Estate Investment Trust (OTCMKTS:WPTIF – Get Rating)’s share price dropped 7.6% during mid-day trading on Monday . The stock traded as low as $20.00 and last traded at $20.10. Approximately 5,700 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 30,230 shares. The stock had […]
WPT Industrial Real Estate Investment Trust (OTCMKTS:WPTIF – Get Rating)’s stock price was down 7.6% during mid-day trading on Thursday . The stock traded as low as $20.00 and last traded at $20.10. Approximately 5,700 shares changed hands during trading, a decline of 81% from the average daily volume of 30,230 shares. The stock had […]
ATTENTION: Buy 1 High-Growth Industrial Stock in 2021
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WPT Industrial Real Estate Investment Trust (TSX:WIR.U) acquires, develops, manages, and owns distribution and logistics properties located in the United States. It owns or manages a portfolio of properties across 20 U.S. states consisting of approximately 35.6 million square feet of gross leasable area (GLA) and 108 properties.
Robust internal growth
The real estate investment trust (REIT) seeks to improve the performance, value, and long-term cash flow of its existing portfolio through a number of activities, including increasing rental rates. The in-place leases at the properties provide for contractual increases in base rental rates of approximately 1.6% in 2021. These rent steps and those in future years will result in increasing rental revenues for the REIT over time.