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Real Estate Briefing - Categorized | Performance, REITs more

Australian listed real estate investment trusts are world’s worst performers

Posted on 30 October 2008

From Theage.com.au: Australia has the worst-performing listed real estate investment trusts in the world, according to a global study. Of 16 countries with mature real estate investment trust (REIT) markets, Australia has delivered the worst returns to investors in the past year — with an average loss of 48.71%.

That compares with an average loss of 21% globally. Australian REITs also had the worst performance over three years, delivering a loss of 6.55%. …. Full Article: Source


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