“REITs are unique in terms of their ability to grow moats,” states the author of today’s article. He identifies two levers that can be used to build this competitive advantage – scale and cost of capital – and notes that “REITs that generate the best long-term performance have typically demonstrated that they must capitalize on both (scale and cost of capital) to become the greatest moat-worthy REITs.” He proceeds to highlight 12 REITs that may be among the most moat-worthy. For more, CLICK HERE.