BDO A-REIT Survey 2011
The annual BDO A-REIT Survey has now been finalised by the Corporate Finance team lead by Sebastian Stevens. Now in its 17th edition, the 2011 Survey covers the 12 month period ending 30 June 2011, a period of consolidation and relative stability for the Sector after it suffered substantial price falls between 2007 and 2009.
Whilst a degree of uncertainty currently exists around global and local macro-economic conditions, the major A-REITs are now well positioned to withstand any future property downturn. Equally, they should benefi t from strong upside if and when a sustained property recovery eventuates.
However, those A-REITs that have yet to adequately resolve issues around gearing and under performing assets will continue to be subject to investor uncertainty and remain marked down by the market.
The year ahead looks to be another interesting and hopefully positive year for the Sector.
To download a copy of the A-REIT Survey, click here.