Realty Income Agrees to Acquire VEREIT in All-Stock Transaction, create $50B REIT

SLB Capital Advisors Shares Perspectives on Realty Income Acquisition of VEREIT

Scott Merkle spoke with Julia Sanders at REBusiness about Realty Income’s $50bn acquisition of VEREIT.

“This is a huge game changer for the REIT market,.  It creates the sixth largest REIT, makes Realty Income multiples larger than the nearest net lease competitor, and allows them to become even more competitive for scarce assets and/or large sale-leasebacks.”