Innovative Industrial Properties Inc
IIPR
ISIN null / Valor 34336367
Innovative Industrial Properties Inc
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About company
Innovative Industrial Properties, Inc. is a publicly traded real estate investment trust (NYSE: IIPR) that acquires, owns and leases specialized industrial properties used by state‑licensed cannabis operators, primarily for cultivation, processing and distribution. The company typically provides capital through sale‑leaseback transactions and direct acquisitions, then places tenants on long‑term triple‑net leases that include contractual rent escalations and, in some cases, percent‑of‑sales provisions, allowing it to generate steady rental income while enabling cannabis businesses that have limited access to traditional financing to monetize real estate assets. IIPR’s strategy focuses on building a geographically diversified portfolio across U.S. jurisdictions (and selective international markets where permitted) of facilities configured for the regulated cannabis industry, and it operates as a sector‑specialized REIT managing property acquisition, leasing and asset oversight.
Summarized from source with an LLMView SourceSector: FinanceKey figures
Performance
Volatility
1488 M
Market cap (USD)
328,689
Daily traded volume (Shares)
67.53 / 65.85
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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