A-REITs outperforming equities
Investors are securing high returns through Australian Real Estate Investment Trusts (A-REITs) than through equities, a report reveals.
Data from property funds manager, Folkestone, found that A-REITs provided total returns of 4.9 per cent in October, while investors saw returns of 4.4 per cent from equities.
The report found A-REITs have provided returns of more than 18 per cent for the year, while equities were down by 0.5 per cent.
Folkestone data also noted that commercial A-REITs were the best performing A-REIT sector for the month, up 6.1 per cent.
A-REITs currently trade on a 5 per cent dividend yield, a 2.39 per cent premium to 10-year bonds.
AUTHOR
Staff Writer
Recommended for you
Research house Genium Investment Partners has appointed a head of investment solutions from Mason Stevens.
ASIC has made two appointments to its senior executive leadership team covering regulation and enforcement following an international search.
Perpetual has reported positive quarterly net inflows for the first time in 12 months, the first under the remit of new chief executive Bernard Reilly.
The global financial services firm has taken on a second AFSL as it looks to capitalise on the high-net-worth market in Australia.
