Three A-REITs to watch

Goodman Group (ASX: GMG)

This fund is uniquely placed as its logistics assets are leased to the likes of Amazon, Walmart and Wesfarmers, among others. While some future projects may be delayed, as tenants take longer to commit to expansions and projects take longer to build and lease, there’s little threat to fiscal year 2020 guidance. Source: The Bull (thebull.com.au).

Rural Funds Group (RFF)

This farmland REIT aims to increase its distribution by 4% a year, a goal it has achieved so far, partly thanks to automatic rental indexation. Its asset base is diversified with farms producing almonds, macadamias, vineyards, cattle and cotton, spread across different states and climates. And it’s already provided guidance for a 4% distribution increase in 202021. The forward distribution yield is 6%. Source: Motley Fool (fool.com.au).

National Storage REIT (NSR)

Shares in this self-storage company are down only about 10% in 2020, significantly beating the index. It’s also a potential takeover target – in the pre-coronavirus world it had attracted several private equity offers. And the business model could be a good medium-term buy as self-storage could boom if more people are forced to sell their properties or want to change up their way of life in the wake of the pandemic. Source: Motley Fool (fool.com.au).