Q2 2024 Income Analytics T200 Reports
23.09.24
Income Analytics is pleased to release its latest T200 reports. Our T200 series quantifies the default risk across the top 200 standard industry classifications (SICs) for the UK, Western Europe and North America. Individual companies are given a score, reflecting their default risk, with a higher score indicating a lower probability of failure or default.
Our latest analysis of typical Western European tenants show there is a 16-point gap between the best scoring grouping (Healthcare companies) and the worst core grouping (Hotels). However, as we have demonstrated previously in this post there are significant ranges within these groups so the best hotel companies may well be similar to the best healthcare companies. It is important for investors to track and monitor their specific tenants to ensure they have the right mix of tenants to ensure the durability of their income streams.
The sectors that still make up most real estate investors portfolios (office, logistics and retail) are closer to the Western European average though retail remains the worst performer.
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