14.10.16

Healthcare REITs

"Looking for a safe haven?" was the title of a recent article on a newspaper. It recommended 7 healthcare REITs (Real Estate Investment Trust).

Check out the following list of REITs related to the healthcare system, but first, please, read How to choose a good REIT, it is a very brief post.

Ventas VTR (P/B=2.67)
HCP (P/B=1.97)
Care Capital Properties CCP (P/B=2.39)
Omega Healthcare Investors OHI (P/B=2.12)
Medical Properties Trust MPW (P/B=1.85)
Welltower HCN (P/B=2.39)
The Universal Health Realty Trust UHT (P/B=4.67).

I understand that we can pay a little more for the know how, management, etc..., but all of these REITs are clearly overpriced. There are better solutions in other countries. The US healthcare REIT train has already passed...