TRADE ALERT - International Portfolio December 2024

Dear Landlords,

I want to extend a warm welcome to all our new members! We recommend that you start by reading our Welcome Letter by clicking here. It explains why we invest in real estate through REITs and how to get started.

As a reminder, our most recent "Portfolio Review" was shared with the members of High Yield Landlord on December 4th, 2024, and you can read it by clicking here.

You can also access our three portfolios via Google Sheets by clicking here.

New members can start researching positions marked as Strong Buy and Buy while taking into account the corresponding risk ratings.

If you have any questions or need assistance, please let us know.

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TRADE ALERT - International Portfolio December 2024

The Mexican industrial REIT, Vesta REIT (VTMX), dipped leading up to the election as the likelihood of a Trump victory increased, causing it to significantly underperform its U.S. peers, including Prologis (PLD), EastGroup Properties (EGP), First Industrial (FR), and others:

Data by YCharts

We think that this is an opportunity and we are today taking advantage of it by buying it another 150 shares of Vesta REIT (VTMX), increasing our position size by ~20%:

The market fears that Trump's proposed tariffs could hurt Mexico, but we actually think that it is the opposite.