REITs and the transformation through "digitalization

The real estate industry is certainly getting hammered more than other industries right now. On X, I see some posts in which particularly $O (+1.58%) as a "junk stock". I find that very unfortunate, since the price must be considered abstractly from the intrinsic value. And in my opinion, the figures are correct, among other things, the dividends come from the cash flow and not from the substance.

Of course, when I look at my portfolio, I also see other REITs that are not doing well in terms of price, for example: $LTC (+1.57%) , $MAIN (+1.2%) , $STAG (+1.32%) and $DLR (+1.47%) .

However, I think you have to look at everything in the overall context. On the one hand, the current interest rate situation is putting pressure on REITs, and on the other hand, we still have aftershocks from Corona, even if no one seems to think about it anymore.

Especially the beloved home office has negative effects on landlords of office and commercial properties. I see this myself at my employer. While the main headquarters of the German subsidiary of a global corporation is owned, some German branches are rented properties. While the number of employees grew steadily over the last 3 years, paradoxically the need for office space decreased.

Thus, rented offices were closed or merged and employees could alternatively home office/mobile working in shared offices or coworking offices. Those who wanted to also moved.

Especially the main office, which was owned by the company, became acquainted with the shared desk principle. Thus, everyone retained the right to their fixed desk if they came to the office at least 4 times a week. For many, it was no problem to sit at a different desk every now and then, since they mostly digitized everything. I myself still have quite a bit on paper due to my work in my niche and also have my desk in an area that is exempt from the shared desk rule.

Also, I'm in the office almost every day, it's just a stone's throw away.

i even enjoy the privilege of considering a desk and my shelves as "my territory". And besides, I find that having a stable environment of colleagues who also have a permanent place themselves brings constancy to this ever-changing world.

Now for you guys:

• What's your take on REITs, esp. $O (+1.58%) ?
• And for the desk jockeys among you: What is your daily work like? What has changed as a result of Corona coupled with digitalization (among other things as a side effect)?

Of course, I know that some of the possibilities were already there before, but only really came into play with stay-at-home.