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REITs to deliver 15pc returns as rates fears ease

Nick Lenaghan
Nick LenaghanProperty editor

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Some big-name property stocks could bounce back strongly enough to deliver investors total returns of up to 15 per cent this year, a welcome recovery after rising rates caused havoc for real estate investment trusts last year.

The S&P/ASX A-REIT 200 index is already up 6.2 per cent this year, nudging ahead of the broader equities market. Last year, the top property stocks slumped 20.5 per cent, underperforming the general market by 19.4 per cent.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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    Original URL: https://www.afr.com/property/commercial/the-only-way-is-up-property-stock-gains-to-follow-year-of-pain-20230123-p5cepf