By Robert Carry
Real estate investment trusts (REIT) represent good value and can once again provide investors with attractive returns, AMP Capital Brookfield's chief investment officer has said.
According to The Australian, Kim Redding said that the underperformance of the Australian economy over the past year has meant that REIT are now "cheap".
He continued, "There's a clamour for yield coming on. The yield in Australia is much better than elsewhere and this is the place to be - especially with the strong Australian dollar."
AMP Capital Brookfield manages about $6bn worth of assets mostly in global real estate and infrastructure securities.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now