Value Investing with Sven Carlin, Ph.D.发布 2026-10-25
《S&P 500 460 to 483! DECK Looks Interesting+ DPZ, CLX, LULU, BXP, TKO, FDS, MKC, ALB, Charter, IT...》
$BXP看跌
BXP 估值偏贵：FFO 正在下降，出租率为89%，而在高利率和写字楼需求疲弱之际，150亿美元债务进一步增加风险。估值虽有吸引力但还不够，且衰退风险尚未被计入价格，因此5%的回报风险极高。应将 BXP 与其他 REITs 比较，而非与标普500比较。
BXP 是一家专注于办公场所房地产投资信托的公司。对我来说，它太贵了。你可以看到 Wiltshire 的出租率是89%。股息率正朝着5%迈进。不过，它不像我们后面要讨论的一些优秀房地产投资信托那样繁忙。
BXP is a company specializing in workplace real estate investment trusts . For me, it's expensive. You can see an 89% occupancy rate in Wiltshire. The dividend yield is heading towards 5%.
However, it is not as busy as some of the good real estate investment trusts that we will discuss later.