TexasInvestor

Weingarten Realty REIT: Strong Yield, Safe Property Portfolio

Here is a portion of WRI's recent 10K - "Leases for our properties range from less than a year for smaller spaces to over 25 years for larger tenants. Rental revenues generally include minimum lease payments, which often increase over the lease term, reimbursements of property operating expenses, including ad valorem taxes, and additional rent payments based on a percentage of the tenants' sales. The majority of our anchor tenants are supermarkets, value-oriented apparel/discount stores and other retailers or service providers who generally sell basic necessity-type goods and services. We believe stability of our anchor tenants, combined with convenient locations, attractive and well-maintained properties, high quality retailers and a strong tenant mix, should ensure the long-term success of our merchants and the viability of our portfolio." The key to this is the portion that speaks to the retailers on their properties who "generally sell basic necessity-type goods and services." This helps to protect them in down periods.

Weingarten Realty REIT: Strong Yield, Safe Property Portfolio

Good for you to recognize this. I have invested in WRI for many years now and have watched as analyst continued to warn against it while my profits kept growing. Now is a great time for long term investors to look to WRI