What Evergrande could mean for Australia and the REITs to avoid

Chris Bedingfield

Quay Global Investors

The collapse of Lehman Brothers is widely credited with triggering the global financial crisis. In 2008, bad debts spread throughout the global financial system came to head, leading a number of businesses to fall and the S&P500 to finish down nearly 40%, its largest yearly fall in history. Last month when China's Evergrande announced that it may struggle to meet its some US$300 billion debt many questioned if Evergrande could be another 'Lehman moment'. 

In this podcast with Bennelong's Jodie Saw, I provide my thoughts on the Evergrande fallout and what it could mean for Australia. We also discuss the benefits of including global REITs in your portfolio and why it stands up against global equities and A-REITs.

Listen to the podcast here

Timestamps

  • 1:50 - My take on the Evergrande saga. 
  • 6:52 - How long term total returns show the value of G-REITs in a portfolio.
  • 12:58 - The secret to a successful real estate investment.
  • 15:57 - Why the A-REIT sector is not very diversified. 

Investing in global listed real estate

Quay, a Bennelong Funds Management  boutique, focuses on the preservation and creation of wealth through innovative strategies in real estate securities. For more insights on global property, visit Quay’s website.

........
Livewire gives readers access to information and educational content provided by financial services professionals and companies ("Livewire Contributors"). Livewire does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) in respect of any advice given. Any advice on this site is general in nature and does not take into consideration your objectives, financial situation or needs. Before making a decision please consider these and any relevant Product Disclosure Statement. Livewire has commercial relationships with some Livewire Contributors.

1 stock mentioned

1 contributor mentioned

Chris Bedingfield
Principal and Portfolio Manager
Quay Global Investors

Chris has nearly 30 years of experience working as a real estate specialist, with a background in investment banking and equities research. Prior to co-founding Quay, he worked in real estate investment banking at Credit Suisse and Deutsche Bank.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment