By Chris Owens, Analyst, Atchison Consultants
Australian real estate investment trusts (AREITs), as represented by the S&P/ASX 200 AREIT Index, returned -4.1% in the month ending 31 January 2021. The AREIT index has significantly underperformed the S&P/ASX 200 return of +0.3% over the month. Over the 12 months to January 2021, AREITs posted a total return of -14.0%, which is 10.9% lower than the S&P/ASX 200 return of -3.1%. AREITs have rallied in recent months,...