Last week we looked at Cracks within REITs, which showed some of the worst performing REITs on the ASX being the companies dependent on development profits or trading profits. This is of little surprise to some, especially after the Australian Bureau of Statistics announced last month that the Sydney property market fell in the December quarter of last year – that was the first fall in the Sydney property market since 2012.
BY CHRISTOPHER HALL – APRIL 2016
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