By Jeremy Jiang, Property Analyst, Atchison Consulting
Australian real estate investment trusts (AREITs), as represented by the S&P/ASX 200 REITs Index, returned 2.6% in July, underperforming the S&P/ASX 200’s return of 2.9% over the month. Over the 12 months to July 2019, AREITs posted an impressive total return of 21.2%, which was 7.9% higher than the S&P/ASX 200 (13.3%). One of the forces responsible for this return was a fall in market interest rates. On 2nd...