Some of these REITs are powering along despite the economic downturn elsewhere. Might be a safe-haven worth investigating.
Arena REIT (ARF) is an internally managed stapled real estate group that owns, manages and develops specialised real estate assets across Australia. A security in ARF comprises one security in Arena REIT Limited; one security in Arena REIT...
ARF may now move into an uptrend after coming out of a 16-month long VCP on above-average volume on Friday.
The recent high volume days in mid-October did not result in any downward progress, indicating demand absorbing supply and can be seen by the sustained upward move since then.