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Net Lease Office Properties: This Office REIT Is A Steal
Net Lease Office Properties reported decent Q1'24 results at the beginning of the month. The office REIT's adjusted FFO declined 14% YoY due to asset divestments. More declines may be expected. Net Lease Office Properties is undervalued based on AFFO and book value and has considerable upside revaluation potential.
Seekingalpha | 2 years ago
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