Headline numbers don’t tell the whole story
A cursory look at the headline performance of the Australian real estate investment trusts (A-REITs) sector, would suggest all is not well. The S&P/ASX 300 A-REIT Index posted a total return of -5.6 per cent in the year to 30 June 2017, underperforming both the equities market and the underlying direct property market. However, as Adrian Harrington of Folkestone explains, headline Index performance can be deceiving.
Alex Burke
July 28, 2017
