Realty Income Corp at REITWORLD: Nareit Virtual Conference Transcript

Nov 17, 2020 / 09:30PM GMT
Joshua Dennerlein - BofA Merrill Lynch, Research Division - Research Analyst

Okay. I'm Josh Dennerlein, Bank of America's senior analyst covering the net lease REITs. I'm pleased to be joined by Sumit Roy, Realty Income's President and Chief Executive Officer. Sumit has served as Realty income CEO since October 2018 and President since 2015. Previously, during his tenure at Realty income, Sumit has served as the firm's Chief Investment Officer and Chief Operating Officer.

With that, I would like to hand it over to Sumit to provide a brief overview of Realty income.

Sumit Roy - Realty Income Corporation - President, CEO & Director

Thank you, Josh, and thank you to everyone for joining us. Realty income is the largest net lease REIT with a total market capitalization of nearly $30 billion and a real estate portfolio of over 6,500 properties across 49 states, Puerto Rico and the U.K. Our portfolio is approximately 85% retail and 10% industrial. Our retail exposure is all single-tenant net lease retail, and we target properties leased to tenants with a

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