Australian REITs are slow in recovering from the financial downturn compared with their global counterparts, SNL reports. Between Dec. 31, 2007, and March 2, 2012, A-REITs posted an average total return of negative 44.18%, compared with negative 26.57% posted by the SNL Europe REIT index. In the U.S., REITs posted positive returns during that period, of 21.08%, as realized by the SNL U.S. REIT Equity index. To further their recovery, A-REITs have adopted defensive strategies, such as dispositions of their overseas portfolios.
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