Top brokers say these three ASX 200 real estate investment trusts (REITs) are the real estate shares to buy today.
As reported in The Australian, here are their 12-month price targets on the stocks.
Buy these ASX 200 REITs, say brokers
Arena REIT No 1 (ASX: ARF)
Barrenjoey has upgraded its rating on the Arena REIT to overweight.
The broker has placed a 12-month price target of $3.75 on the ASX 200 real estate share.
The ASX 200 REIT is currently changing hands for $3.46 per share, down 0.57% for the day.
Charter Hall Group (ASX: CHC)
CLSA has raised its rating on the Charter Hall REIT to accumulate.
The broker has a 12-month price target of $13.74 on Charter Hall.
These ASX 200 real estate shares are currently selling for $12.54, down 0.52% on Thursday.
That leaves a potential 9.5% upside for investors buying this ASX 200 REIT today.
Ingenia Communities Group (ASX: INA)
CLSA has also upped its rating on another ASX 200 REIT — this time Ingenia Communities.
The new rating is accumulate.
These ASX 200 real estate shares are currently trading for $5 apiece.
The broker sees value here given its 12-month price target of $5.51.
This implies a potential 10% upside for investors buying today.
