DNEWs: REITs in Australia 15th June 2017

Ticker	Short Name	P/B	Debt/Assets LF	Dvd Yld
LTN AU Equity	LANTERN HOTEL GR	0.13	-	450.00
HPI AU Equity	HOTEL PROPERTY I	1.18	37.04	10.47
USR AU Equity	US RESIDENTIAL F	0.61	21.72	10.00
CIP AU Equity	CENTURIA INDUSTR	1.07	42.65	8.42
CMW AU Equity	CROMWELL PROPERT	1.13	44.27	8.13
GDI AU Equity	GDI PROPERTY GRO	0.95	32.57	7.38
CUA AU Equity	CENTURIA URBAN R	1.03	19.41	7.23
CMA AU Equity	CENTURIA METROPO	1.04	31.45	7.13
BWR AU Equity	BLACKWALL PROPER	0.92	41.58	7.01
IDR AU Equity	INDUSTRIA REIT	1.13	35.30	6.83
CQR AU Equity	CHARTER HALL RET	1.08	32.21	6.35
TOT AU Equity	360 CAPITAL TOTA	0.87	-	6.28
APZ AU Equity	ASPEN GROUP	0.76	-	6.09
VCX AU Equity	VICINITY CENTRES	1.00	23.23	6.09
NSR AU Equity	NATIONAL STORAGE	1.12	44.02	6.07
GOZ AU Equity	GROWTHPOINT PROP	1.27	42.52	6.07
AJA AU Equity	ASTRO JAPAN PROP	0.86	-	5.90
AJD AU Equity	ASIA PACIFIC	1.21	12.90	5.60
BWP AU Equity	BWP TRUST	1.25	21.20	5.30
SCP AU Equity	SHOPPING CENTRES	1.14	31.79	5.23
SGPCD AU Equity	STOCKLAN-CD	1.19	22.46	5.14
SGP AU Equity	STOCKLAND	1.19	22.46	5.14
ARF AU Equity	ARENA REIT	1.29	27.76	5.09
ABPCD AU Equity	ABACUS PROPER-CD	1.15	24.89	5.01
ABP AU Equity	ABACUS PROPERTY	1.15	24.89	5.01
URF AU Equity	US MASTERS RESID	1.19	43.87	4.98
CDP AU Equity	CARINDALE PROPER	0.99	26.64	4.95
CDPCD AU Equity	CARINDALE PRO-CD	0.99	26.64	4.95
SCG AU Equity	SCENTRE GROUP	1.18	34.22	4.92
TGP AU Equity	360 CAPITAL GROU	1.09	23.76	4.92
FET AU Equity	FOLKESTONE EDUCA	1.21	27.19	4.88
CHC AU Equity	CHARTER HALL GRO	1.70	-	4.72
GPT AU Equity	GPT GROUP	1.15	25.36	4.43
GPTCD AU Equity	GPT GROUP-CD	1.15	25.36	4.43
MGRCD AU Equity	MIRVAC GROUP-CD	1.13	27.25	4.40
MGR AU Equity	MIRVAC GROUP	1.13	27.25	4.40
LEP AU Equity	ALE PROPERTY GRP	1.75	46.26	4.35
GDF AU Equity	GARDA DIV PROP F	0.98	37.98	4.33
IOF AU Equity	INVESTA OFFICE F	1.06	28.05	4.17
AVNN AU Equity	AVENTUS RETAIL P	1.24	35.70	4.10
AVN AU Equity	AVENTUS RETAIL P	1.24	35.70	4.10
BWF AU Equity	BLACKWALL LTD	2.45	12.43	3.98
DXS AU Equity	DEXUS	1.27	26.60	3.97
GHC AU Equity	GENERATION HEALT	1.49	33.37	3.89
WDCCD AU Equity	WESTFIELD GRP-CD	1.44	32.26	3.80
WFD AU Equity	WESTFIELD CORP	1.44	32.26	3.80
WFDCD AU Equity	WESTFIELD-CUM DV	1.44	32.26	3.80
INA AU Equity	INGENIA COMMUNIT	1.12	21.18	3.75
RFF AU Equity	RURAL FUNDS GROU	1.38	42.73	3.65
GMG AU Equity	GOODMAN GROUP	1.85	22.65	2.88
GMGCD AU Equity	GOODMAN GROUP-CD	1.85	22.65	2.88
BPA AU Equity	BROOKFIELD PRIME	1.00	41.14	2.73
APW AU Equity	AIMS PROPERTY SE	0.74	-	2.62
VVR AU Equity	VIVA ENERGY REIT	148.85	33.66	2.19
AOF AU Equity	AUSTRALIAN UNITY	1.11	29.14	1.92

Top 3 A-REITs to note

National Storage REIT NSR:ASX 

"National Storage REIT looks interesting after recent price falls. The star REIT is well placed to make acquisitions in the highly fragmented self-storage industry and, longer term, is a play on capital-city densification, smaller apartments and demand for extra storage space"

Aventus Retail Property Fund AVN:ASX 

"Aventus, too, has good opportunities to consolidate a fragmented property niche and grow through acquisitions and organically. It is one of the more interesting niche A-REITs to emerge on ASX in the past few years"

Asia Pacific Data Centre Group AJD:ASX 

"AJD’s leverage to the fast-growing cloud-computing trend, and its ownership of a property portfolio that is hard to replicate, arguably demand a premium to NTA – something the REIT had for most of this year until the broader A-REIT sell-off.

The long-term thematic for data-storage centres appeals as companies store more data and increasingly outsource that service to specialist providers. AJD’s trailing 6.5 per cent distribution yield is another attraction"

A high yielding reit does not necessary mean it is a good reit to buy. It takes effort to filter and pick out exceptional reits. If you want to know how to do so, click on the picture below.