Health Crisis Impacting REIT's Diverse Retail Portfolio In Different Ways

Along with many other publicly traded companies, Realty Income Corp. could not anticipate the effects of COVID-19 and withdrew its previously disclosed earnings guidance for 2020 in April. But in its quarterly conference call last week, the San Diego, California-based real estate investment trust reported it believes its extensive and diverse portfolio puts it in a better position to weather the crisis than many other retail REITs.