Chambers Street REIT Offers Value Amid Massive Selloff

Rupert Hargreaves

Published onJuly 6, 2013

Updated on May 13, 2021

Chambers Street Properties (NYSE:CSG) only entered the market back in May. Unfortunately, this was a very bad time for the company to enter the market as a REIT. On May 21st, when Bloomberg's REIT index touched an all-time high, talk of Federal Reserve tapering started to do the rounds and investors rapidly sold off REITs in favor of relatively risk free treasuries, whose yields had started to rise again. Since then Bloomberg's REIT index has fallen 12 percent, and this has hit Chambers hard.

Luckily, this presents an opportunity as the market has yet to realize the underlying value in Chambers. For a start, the...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Chambers Street REIT Offers Value Amid Massive Selloff

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