Property stocks a modest buffer amid stockmarket rout
Some listed property trusts fell while other stocks remained safe. The S&P/ASX 200 index decreased by 3.2 per cent while the S&P/ASX 200 AREIT index dropped 2.58 per cent.
Major group Charter Hall's listed retail fund avoided some of the damage with of a decrease of 0.53 per cent. However Charter Hall itself dropped 5.42 per cent while Abacus fell 4.2 per cent and Mirvac decreased by 3.4 per cent.
Image source: Peter Braig
Article source: http://www.afr.com/real-estate/property-stocks-a-modest-buffer-amid-stockmarket-rout-20180206-h0ujz5?btis
Ray White’s top 10 listings for February: (Click on address to view listing)
Terrace 40, 42 Young Street Sydney
Suite 28.02, 1 Farrer Place GPT Sydney
Suite 9.03, 46 Market Street Sydney
Level 1, 387 George Street Sydney
Level 6, 23 O'Connell Street Sydney
Level 2, 1 Barrack Street Sydney
Part floor 23, 9 Castlereagh Street Sydney
Suite 2.01, 24 Hickson Road Sydney
Part Level 3, 22 Market Street Sydney
Level 4, 86 Liverpool Street Sydney