3 key themes for AREITS

Pete Morrissey

The Australian Real Estate Investment Trust sector’s total return of 13.2% for the 2018 financial year might get investors a little excited, especially with earnings growth of 3.4%1 over the period. Here we summarise the 3 key themes from reporting season and run through each of the main sub-sectors. Show More

Offer was 4% above NTA and 11% above last closing. Stock had been trading 10-15% disc to NTA over prior 3 months. However APN feels there is further value + future growth investors should reasonably be rewarded for. Not sure what Directors strategy is except to say transaction has other considerations not addressed in this article.

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