Business
These are the 5 best ASX real estate shares of 2020
The real estate sector started 2020 on a rather high note, but that all changed as the COVID-19 pandemic swept across the world, including Australia.
In fact, real estate was one of the worst performing sectors in the first half of the year.
The ASX 200 Real Estate Index (ASX: XRE) however, has rebounded strongly in the second half, as confidence seeps back to the market. Overall, the index is only down by 11% for the year.
Some real estate companies have even made the most of the situation, with strong share price returns over the year.
Here we’ll look into the 5 best performing ASX real estate shares in 2020.
| Company | 1-year share price return | Current share price | Market cap |
|---|---|---|---|
| 1. Lifestyle Communities Limited (ASX: LIC) | 43% | Click here to view the original article.
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