Weekly Update 30/8/2021

Welcome to this week’s Property News. This week I spent some time reviewing the REIT results announced over the last few weeks and particularly the factors which contributed to the growth in REITs over the period. The listed property groups grew their Assets Under Management in FY21 by 12% (+$42bn) …

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REITs grow by $42bn

The FY21 financial year saw significant changes in the Australian listed REITs with major acquisitions, growth in valuations and a number of mergers & acquisitions driving the market.

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