What Evergrande could mean for Australia and the REITs to avoid

Chris Bedingfield

Quay Global Investors

The collapse of Lehman Brothers is widely credited with triggering the global financial crisis. In 2008, bad debts spread throughout the global financial system came to head, leading a number of businesses to fall and the S&P500 to finish down nearly 40%, its largest yearly fall in history. Last month when China's Evergrande announced that it may struggle to meet its some US$300 billion debt many questioned if Evergrande could be another 'Lehman moment'. 

In this podcast with Bennelong's Jodie Saw, I provide my thoughts on the Evergrande fallout and what it could mean for Australia. We also discuss the benefits of including global REITs in your portfolio and why it stands up against global equities and A-REITs.

Listen to the podcast here

Timestamps

  • 1:50 - My take on the Evergrande saga. 
  • 6:52 - How long term total returns show the value of G-REITs in a portfolio.
  • 12:58 - The secret to a successful real estate investment.
  • 15:57 - Why the A-REIT sector is not very diversified. 

Investing in global listed real estate

Quay, a Bennelong Funds Management  boutique, focuses on the preservation and creation of wealth through innovative strategies in real estate securities. For more insights on global property, visit Quay’s website.

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Chris Bedingfield
Principal and Portfolio Manager
Quay Global Investors

Chris has nearly 30 years of experience working as a real estate specialist, with a background in investment banking and equities research. Prior to co-founding Quay, he worked in real estate investment banking at Credit Suisse and Deutsche Bank.

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