By Chris Owens, Analyst, Atchison Consultants
Australian real estate investment trusts (AREITs), as represented by the S&P/ASX 200 AREIT Index, returned +1.7% in the month ending 31 May 2021. The AREIT index underperformed the S&P/ASX 200 return of +2.3% over the month. Over the 12 months to May 2021, AREITs posted a total return of +24.4%, underperforming the S&P/ASX 200 return of +28.2%. Recovery from the depths of falls prompted by the pandemic is reflected...