Business
Last chance to buy ASX REIT shares cheaply – Motley Fool Australia
Why I think Scentre Group (ASX: SCG) and 1 other well-managed ASX REIT share are due for a rally.
Among all the ASX shares, the real estate investment trusts (REITs) have had a pretty tough year. For example, shopping centre REITs have carried much of the costs of the coronavirus lock downs with little compensation. The government’s code of conduct for commercial landlords has bound the hands of shopping centre owners in several areas.
First, they cannot evict tenants who don’t pay rent during the coronavirus period. Second, they are bound to offer waivers and deferrals up to 100% of rent o…
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