It's probably not accurate to say that SL Green Realty (SLG)
is a universally liked office REIT, but it does seem to be the case
that the objections raised by sell-side analysts are more often about
value and market/concentration risk as opposed to management's plans or
performance. I won't argue that SL Green is cheap right now, but the
company does offer some upside to ongoing improvements in the NYC office
market and from its investment portfolio.
Read the full article here:
For SL Green Realty, A Rich Premium Is Richly Deserved
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