3 Real Estate Companies Taking Advantage of Market Trends
The real estate market is set to expand, thanks to a strong rental market and changing demands in residential and commercial sectors. This growth is projected to continue, driven by factors such as urbanization, evolving lifestyle trends, e-commerce growth, increasing individual disposable incomes, infrastructure development, remote work, demographic changes, and favorable government policies.
The real estate sector’s increasing use of technology is another key factor fuelling this growth. From dedicated apps to virtual reality, technology is making it easier for users to access a wide range of properties and streamline rental and purchasing processes with immersive experiences.
In light of this promising outlook, let’s take a closer look at three real estate stocks that might pique your interest.
Stock #3: AMREP Corporation (AXR)
AXR is a US-based real estate company operating in Land Development and Homebuilding segments. The company sells developed and undeveloped lots to various property developers through brokers. AXR’s strong financials are reflected in its 111.9% trailing-12-month FFO to gross margin, which is significantly higher than the industry average. With revenues on the rise and a solid net income growth, AXR seems to be in a good position for potential growth.
Stock #2: FirstService Corporation (FSV)
FSV offers residential property management services in the US and Canada, operating through FirstService Residential and FirstService Brands segments. FSV’s impressive financial metrics, including higher interest coverage and ROTA than industry averages, position it well for growth. The company’s revenue growth and solid earnings also indicate a positive outlook for FSV.
Stock #1: Jones Lang LaSalle Incorporated (JLL)
As a commercial real estate and investment management firm, JLL stands out with its strong financial performance and innovative ventures. The recent joint venture with Slate Asset Management to create JLL Asset Beacon showcases the company’s commitment to technology and performance. With rising revenue and net income, JLL seems to be on a path of sustainable growth.
Overall, these three real estate stocks, including AXR, FSV, and JLL, show promise in the evolving real estate market landscape. Make sure to conduct your thorough research and consider these options based on your investment goals and risk tolerance.
