10 Best REIT Stocks to Buy According to Billionaires

5. Realty Income Corporation (NYSE:O)

Number of Billionaires: 11 

Number of Hedge Fund Holders: 36

Realty Income Corporation (NYSE:O) serves as a real estate partner to leading firms and invests in diversified commercial real estate. It is one of the largest global REITs with properties in 8 countries. The REIT owned or held interests in 15,621 properties as of December 31, 2024.

Realty Income Corporation (NYSE:O) is a global leader in a fragmented net lease sector. The REIT is pursuing a promising growth trajectory with a $5.4 trillion total addressable market in the US and an attractive growth avenue with limited direct competition in Europe. Amidst this market opportunity, the REIT boasts a diversified and high-quality real estate portfolio supporting stable cash flows, with its top 20 clients resistant to changing consumer behavior. The REIT recently closed 2024 with a solid 4.8% year-over-year increase in AFFO per share which marks the 14th consecutive year of annual AFFO per share growth. The firm anticipates approximately $4 billion in investment volume for 2025 considering current investment spreads and visibility to the deal pipeline.

Investors should also note that the firm’s portfolio of commercial real estate has offered dependable rental revenue historically and has supported the payment of monthly dividends. Realty Income Corporation (NYSE:O) has witnessed 30 consecutive years of rising dividends and recently announced its 658th consecutive common stock monthly dividend.