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Robert Harley

Debt headwinds smash some REITs - but not others

Robert HarleyContributor
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The corrosive impact of rising interest rates, on both the capital and the income of commercial property, can be seen in the latest results of the Australian Real Estate Investment Trusts.

The first blow came 18 months ago with the sell-off of property stocks; the second has been the unwinding of valuations.

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Robert Harley is a former property editor of The Australian Financial Review. Connect with Robert on Twitter. Email Robert at rob@rharley.com.au
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    Original URL: https://www.afr.com/property/commercial/debt-headwinds-smash-some-reits-but-not-others-20230816-p5dwzs