
REITs could be set to grow in 2024 thanks to potential interest rate cuts and strong performance in healthcare, industrial, and data center properties. They're a solid choice for passive income, with high occupancy rates, ongoing tenant demand, and rising rents in key asset types.
Hence, investors looking for reliable passive income could consider investing in Simon Property Group, Inc. (SPG), Lamar Advertising Company (LAMR), and Gaming and Leisure Properties, Inc. (GLPI) this June.