This week, Bull and Bear look at the case for investing in listed REITs as part of their overall property strategy for 2021.
Key Highlights
- 2020 was a disappointing year for REITs which delivered -11.5% total return.
- Over 10 years they have delivered a very creditable 6.2% pa.
- Listed REITs should form an integral part of every diversified property portfolio.
- An exposure to World Cities has proven to be a sound strategy.
- Unsurprisingly, the most favoured sub-sectors are storage, healthcare and industrials.
- Expect a bounce-back from the out-of-favour sub-sectors when a COVID escape-route is clear.