Opinion
Report card on the REITs: mind your debts
Lessons from earnings season: retail property surprised on the upside, logistics cooled a tad, office continued to lag, and housing inquiry rose.
Robert HarleyContributorCharter Hall Group managing director David Harrison, the industry leader who coined the word “bifurcation” to describe the widening performance gap between prime and secondary commercial property, has added another term to the real estate lexicon.
At his half-year results, he warned investors against the “reversion romance” in the pricing of industrial assets.
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