Friends With Money #260: Commercial property - buy or pass?
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From shopping centres to data centres, the world of listed property has changed dramatically, and investors are taking notice.
This week on the Friends With Money podcast, Money's editor-in-chief Michelle Baltazar speaks with Justin Blaess, principal and portfolio manager at REIT specialist Quay Global Investors, to explain real estate investment trusts (REITs) and how investors can earn investment income through them.
They discuss REITs as listed businesses that own buildings and collect rent, how the sector has evolved since the late 1990s and the GFC, and new opportunities beyond traditional retail, office and industrial property.
Episode timestamps
01:05 What Is a REIT?
01:48 How REIT investing evolved
03:29 Investment hotspots: data centres, storage and senior living
05:59 Expected returns basics
09:34 Interest rates myth
12:43 How to start investing
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Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.
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