By guest contributor Jeremy Jiang, Analyst, Atchison Consulting
Australian real estate investment trusts (AREITs), as represented by the S&P/ASX 200 REITs Index, returned -2.6% in April, underperforming the S&P/ASX 200’s return of 2.3% over the month. Over the 12 months to April 2019, AREITs posted an impressive total return of 17.7%, which was 7.3% higher than the S&P/ASX 200 (10.4%). AREIT prices appreciated strongly as bond yields collapsed but, in doing so, a gap has opened up...