Studio RE Info

Can anyone provide some info on the niche asset class of movie/media studios?
Some questions I have below:

  • How are leases structured?
  • How does the underwriting differentiate from other similar asset classes (retail, office, etc..)?
  • Is there supportive evidence that there are strong market tailwinds for this asset class? I assume so, especially with streaming platforms taking over (Netflix/Amazon/Hulu)
  • Who are the major REPE/REIT players in the studio space?

Any other general info regarding the asset class that is worth knowing?
Thanks!

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