Domestic brokerage firm JM Financial recommends buying two Real Estate Investment Trusts (REITs) from a long term perspective.
REITs are companies that own or finance income-generating properties like office buildings, apartments, shopping centres, and hotels.
- Passive income through dividend payments - Diversification of investment portfolio - Opportunity to invest in real estate without direct property management - Liquidity, as shares can be easily bought and sold on stock exchanges
For Nexus Select Trust, JM Financial suggests investing them with a one-year target of Rs 160.
BUy Embassy Office Parks REITs for a long term
JM Financial has recommended buying Embassy Office Parks REITs from a perspective of one year. They kept their target at Rs 400.
Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.