When you are looking and thinking about data centers, cell phone towers and fiber optic networks, you’re really trying to capture the essence of how digital communications are evolving at an unprecedented rate. [...]
Kevin Kelly, managing partner at Benchmark Investments, joined RealVision on how he is utilizing optionality for a unique play on warehouse giant, Prologis (PLD). In this interview, Kevin says e-Commerce will drive greater demand for industrial real estate solutions offered by Prologis.
Barron's focuses on how data center real estate is providing one of the most compelling investment opportunities, not only in real estate, but also in technology. Data centers are experiencing tremendous rent and demand growth, have high barriers to entry, and are defensive in nature. Data Centers are at the heart of the Benchmark Data & Infrastructure Real Estate SCTR Index (SRVRSCTR). Just last week, the SRVR exchange traded fund launched on the NYSE Arca.
Pacer ETFs has licensed the Benchmark Data & Infrastructure Real Estate SCTR Index (SRVRSCTR) to form the basis for a new ETF launching tomorrow trading on the NYSE Arca under the ticker SRVR. The SRVR index aims to provide an additional way of managing real estate exposure to companies that primarily are engaged in data storage and information management, data centers, fiber cables, wireless infrastructure, telecommunications towers, and diversified government solutions.
Pacer ETFs has licensed the Retail Real Estate SCTR Index (RTLSCTR) to form the basis for a new ETF launching tomorrow trading on the NYSE Arca under the ticker RTL. The RTL index aims to provide an additional way of managing real estate exposure to companies that primarily primarily focus on large regional malls, outlet centers, grocery-anchored shopping centers and power centers that feature big box retailers.
Pacer ETFs has licensed the Benchmark Industrial Real Estate SCTR Index (INDSSCTR) to form the basis for a new ETF launching today trading on the NYSE Arca under the ticker INDS. The INDS index aims to provide an additional way of managing real estate exposure to companies that primarily focus on owning and managing industrial properties including warehouse, distribution, industrial and storage facilities.
Kevin Kelly, managing partner at Benchmark, discusses Amazon's effect on retail and his options trade for Kimco Realty with Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)
You can't buy 2 x 4s at Amazon, so Home Depot deserves its higher multiples, Benchmark Investments' CEO tells Reuters' Fred Katayama. He's bullish on HD and real estate logistics firm, Prologis.
Benchmark's Kevin Kelly went on Bloomberg TV to discuss an options trade on Hilton Worldwide (HLT) to position into the company's upcoming earnings report. Hilton's implied volatility has increased going into this quarters earnings above it historical average as the company engages in an asset-light shift, strict cost discipline and midscale-segment focus is widening margin. The company recently repurchased $1.2 billion worth of shares from HNA at a discount.
Benchmark's Kevin Kelly went on Bloomberg TV to discuss an options trade on SL Green (SLG) to position into the company's upcoming earnings report. Recently, SL Green has ramped up share buybacks in an attempt to close a 25-30% gap between its share price and the value of underlying assets. In 2017, the company boosted its repurchase program to $1.5 billion, which it plans to fund with proceeds from its active asset-disposition program.
