A-REITs have a good year but a tough month

Original article by Robert Harley
The Australian Financial Review – Page: 38 : 2-Jul-15

Australian real estate investment trusts generally performed well during 2014-15, although support for the sector turned bearish in the final month of the fiscal year. DEXUS Property Group, Mirvac Group and GPT Group in particular were heavily sold down in June 2015. BT Investment Management’s Julia Forrest expects mergers and acquisition activity to be a key driver for the sector in 2015-16.

CORPORATES
DEXUS PROPERTY GROUP – ASX DXS, MIRVAC GROUP – ASX MGR, GPT GROUP – ASX GPT, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, INVESTA PROPERTY GROUP, DOW JONES EQUITY ALL REIT TOTAL RETURN INDEX, MANULIFE FINANCIAL CORPORATION, BLOOMBERG LP, OMAN INVESTMENT FUND, FORTRESS CAPITAL ASSET MANAGEMENT, NIKKO ASSET MANAGEMENT GROUP, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, COLES GROUP LIMITED, GIC REAL ESTATE PTE LTD

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