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AREITs: will there be a bright side to the bust?
AREITs: will there be a bright side to the bust?
Quote:
The news is remarkable these days. Pull out a newspaper or surf the Internet, and real life (or at least the economic and financial equivalent of it) is fascinating reading.
At the top of the list is the coverage of Australian real estate investment trusts or AREITs, the new stage name for listed property trusts (LPTs) – and stapled structures. In the past year alone, the Australian Securities Exchange (ASX) property index has fallen 60 per cent.
The only question more interesting than what went wrong is what happens next?
Let’s explore both.
... (more)
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Sim'
This is a general comment only and does not constitute advice. Before making financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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