Real estate is still one of the most profitable and promising investments one can use to protect their future’s finance. Investing in the real estate product doesn’t have to be in the physical form or a building. Playing with the real estate stock also could be a method to make a profit with lower risk and a convenient way to keep the investment work well for a long time. For this reason, Vassilis Milionis, an investment and real estate expert, recommends several choices of real estate stock that investors can try.
CoreSite Realty (NYSE:COR)
CoreSite Realty focuses on building and operating as well as maintaining data centers. This company’s service has high demands in today’s industry, where everything is based on the digital system. The building is one of the strong reasons to choose this stock for investment. People or institutions will always need them. For the past 12 months, this company stock has increased by 9%. With a 4% dividend, this stock offers a profitable investment.
Hannon Armstrong Sustainable Infrastructure (NYSE:HASI)
This company also offers promising investments in the real estate stock market. Vasilis Milionis also added that an investor that wants to invest with the ESG concept or Environmental, Social, and Governance concept should consider HASI as the stock where they put their money. One of the advantages of Hannon Armstrong Sustainable Infrastructure is it has a partnership with the government. It means that it has a strong backup, which can help them to survive when the problem arises. As for its record, HASI stock value has increased by 79% since its IPO with a 2.6% dividend per year.
St. Joe Company (NYSE:JOE)
St. Joe Company focuses on building residential areas that become a hotcake during the colder weather in the North. This company operation area is in Florida, where the warm weather can be easily found and enjoyed by people who live in the colder area. This unique business model seems promising, especially for people who need to release their stress because of the pandemic. Furthermore, this company also builds much accommodation for its main properties, such as restaurants and other facilities. Last year, this company stock was up 74% with a sub-1% dividend. Even though it is classified as the B rating stock, but Milionis recommends it as one of the promising real estate stocks that can grow in the future.