(Photo by Daniel Zuchnik/WireImage) WireImageWhile COVID-19 continues to spread its tentacles across most of the commercial real estate sector, the net lease sector has become the new “gold standard” for income-oriented investors. The Net Lease sector – consisting of free-standing buildings – has become an increasingly dominant investment category, thanks in part to the long-term lease contracts that generate durable sources of rental income. Today Berkshire Hathaway’s 13F revealed that the company owns another 5.8 million shares of STORE Capital (STOR), on top of the 18.6 million shares that were purchased back in June 2017, bringing the total to 24.4 million shares. Berkshire Hathaway’s confidence in the company is evidenced by the 31 percent growth (based on number of new shares) – up 1.15 percent after hours. Berkshire Hathaway’s total STORE investment now stands at approximately 9.6 percent.

Source: Forbes August 14, 2020 22:41 UTC