US EditionInterest rate drop augurs likely A-REITs rebound - Financial Newswire
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Interest rate drop augurs likely A-REITs rebound - Financial Newswire
A-REITs investors could see a long-awaited stock bounce this year, as falling inflation and interest rates shift momentum back to the property market, according to a leading property market expert. Amy Pham, portfolio manager for Pengana’s High Conviction Property Securities Fund, says AREIT stock earnings are forecast to grow between 3% and 5% this calendar year. “This is encouraging as A-REITs are considered relatively defensive, due to lease …
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