why is it going up?, page-14

Note on thebull.com.au re- property trust comment from Charlie Aitken doesn't mention CER but the theme is across all REITs.

Cheers
The property trusts continued to perform well too, with Stockland Group (5.7%), Macquarie Countrywide (5.4%) and Macquarie Office Trust (4.8%) fronting the sector’s gains. In a broker note this morning, Southern Cross Equities director Charlie Aitken said “listed property trusts are the ultimate derivative of credit and should begin to recover as credit market reopen and risk tolerances rise. They should start to see support when it becomes clearer that the absolute worst is behind the sector”.