REITs - some are getting bogged down and have huge upside. $SAFE might be one of those. They own the ground under buildings (they get the building when tenant defaults). Leases are for 100yrs. With interest rates stabilizing (decreasing?) they're able to adjust their lease agreements for CPI plus an annual increase as part of the contract.

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Lesser risk considering it is a REIT with moderate amount of office space exposure (High risk space), compared to other REITs that are down. Yield 3.45%.

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