Diversified REITs invest in an effective mix of property types, including residential, commercial, industrial, and sometimes even specialized properties like hotels or healthcare facilities, and collect rent from tenants. By maintaining a versatile portfolio, unlike specified REITs, they aim to enhance returns and strengthen growth prospects for investors.
Therefore, fundamentally sound diversified REITs Lamar Advertising Company (LAMR), Daito Trust Construction Co., Ltd. (DIFTY), and Ladder Capital Corp (LADR) could be ideal portfolio additions for diversification and steady income generation.
