In my last column, I looked at Supermarket Income Reit (LSE: SUPR), a real-estate investment trust that appeared cheap relative to its high-quality asset base, inflation-linked income streams, strong balance sheet, discount to net asset value (NAV) and 5.7% forward dividend yield.
This time I’m going to look at another Reit that appears cheap, Industrials Reit (LSE: MLI). As I noted previously, not all Reits are created equal.
While the sector as a whole looks a bargain today, with most companies
