Added to YB: 2021-03-04
Pitch date: 2021-03-04
INDT [bullish]
INDUS Realty Trust, Inc.
+17.26%
current return
Author Info
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Company Info
INDUS is a real estate business principally engaged in developing, acquiring, managing and leasing industrial/logistics properties.
Market Cap
$683.2M
Pitch Price
$57.13
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.99
P/E
-213.77
EV/Sales
16.04
Sector
Industrial REITs
Category
growth
INDUS Realty Trust: GPT 2.0
INDT: Industrial REIT led by proven CEO DuGan. Strategy to build mid-size warehouses at 6-6.5% yield, arbitraging 4-5% market cap rates. $60 equity raise enables accretive growth. Pro forma NAV of $82/share assuming asset sales & development. Upside if premium valuation like peers.
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