Australia has a large investable commercial real estate market equivalent to US$423 billion, according to MSCI. This ranks it as the seventh-largest market globally and the third largest in Asia, behind China and Japan.
For institutional investors, Australian real estate investment trusts (A-REITs) offer access to income-generating property in a stable country with competent governance, strong rule of law, investment transparency, and globally enviable economic and population growth. As part of a multicountry portfolio, it offers considerable diversification and inflation-protection benefits.
Overview of the A-REIT market
A-REITs are companies or trusts listed on the Australian Securities Exchange (ASX) which own, operate and/or finance income-producing real estate. The largest A-REITs include Charter Hall, Goodman Group, Scentre, GPT, Mirvac and Dexus. Each has a different sector speciality.
The S&P/ASX 200 A-REIT Index is the primary benchmark for t
