Announcement: Field Trip To Latin America To Search For Hidden Real Estate Opportunities
Announcement: Field Trip To Latin America To Search For Hidden Real Estate Opportunities
Something unique about High Yield Landlord is that we don't cover just US REITs, but we also cover foreign markets.
Today, over 30 countries have adopted the REIT regime, providing a lot of opportunities for us to evaluate:
But real estate is a very local business and unless you have boots in the ground and actually talk to local people, it is hard to really know what's happening in a given country.
That's why, each year, we organize field trips to foreign countries in an effort to uncover new hidden gems for our International Portfolio.
In 2019, I spent 3 months in Asia looking for the best Asian REIT opportunities. In 2020, we did not get to travel due to the pandemic, but as borders reopened in early 2021, I went to Dubai, UAE to look for the best Middle Eastern REIT opportunities. Later in the year, I went to Ukraine to look for hidden Eastern European opportunities, and finally, I also spend a few weeks in Canada to meet local REIT management teams.
Today, we start with our first field trip of 2022. I just arrived in Panama, where I will stay for just a few days, and from here, I will head down south to Brazil.
I expect to also visit a few neighboring countries, namely Argentina and Colombia, but most of my time will be spent in Brazil, which has become the biggest hub for REITs and other REIT-like entities in Latin America.
I will meet local management teams, conduct interviews, and also tour properties to get a better feel for the market, and ultimately, to identify the best opportunities for members of High Yield Landlord.
Finally, if you are based in any of the cities mentioned below, feel free to reach out and I will be happy to meet for a coffee or beer to talk about REITs!
Panama City
Rio de Janeiro
Sao Paulo
Buenos Aires
Bogota
Medellin
Have a great day!
Jussi
