Core Property has updated the latest trading metrics of key property securities in the Australian market. Activity across the property sector has built up momentum in the second quarter, as property managers continue to seek opportunities.
Average yields (excluding fund managers) are around 6.0% with stocks trading at an average discount of 16.4% to their NTA.
A few securities have increased their earnings guidance while distribution guidance across the sector has been maintained.
Click to access the latest Trading Metrics Report.