By: Dividend Sensei
The 2022 bear market has crushed REITs, including data center and telecom tower REITs, the former Wall Street darlings of the sector.
For the first time in years these growth REIT sectors are attractive buys.
This first blue-chip is the 2nd largest data center REIT in the world, and well positioned to keep riding this secular growth trend for decades.
This second blue-chip is America’s dominant telecom tower REIT and is diversifying into fiber and small cells to profit from connected autos, 5G and 6G, and the internet of things.
Both are about 20% historically undervalued, offering sweet REIT discounts, for anyone looking for 3X the market’s yield and with superior long-term returns.