Traditional real estate investment trusts could deliver a total return to their investors of as much as 11 per cent over the next 12 months, as confidence firms for a reopening rebound from retail landlords such as Westfield-owner Scentre, say Jarden analysts.

The listed landlords, or REITs as they are known, have outperformed the S&P/ASX200 by 8.5 percentage points over the past six months, driven by consensus earnings upgrades and strong growth in their net tangible assets.