External Growth

External growth is growth produced through acquisitions, development, financing, or other investments outside the existing same-store portfolio.

Why this matters to income investors

Acquisitions and development can raise income but require capital and careful per-share comparison.

How to use external growth in your research

Check the company’s assumptions and the period used for the comparison. Compare the expected property income with financing and operating costs before treating a transaction or valuation change as dividend support.

This material is general education and information, not individualized investment, tax, or legal advice.