Property trusts were once the darling of the Australian sharemarket and provided investors in the 1980s and 1990s with solid returns year in year out. However since the global financial crisis the reliability has come into question. We analysed to of the smaller property trusts operating in Australia.

Abacus property group is stapled security comprising a share in each of Abacus group Holdings Ltd and Abacus group projects Ltd and the unit in each of Abacus trust and Abacus income trust which can only be traded together having listed on the strain stock exchange $1.10 per unit in November 2010. The trust is a fundamental property investor, acquiring assets and balance sheet for later recycling funds management vehicles. Abacus property trust seeks mispriced assets that of the annuity stock ashlar having the potential to active asset management and capital growth was transferred funds management vehicles providing both high margin transaction fees and replacement annuity style the revenue. The group strategy is flexible to the point of being opportunistically responsive, without sectoral, geographical independent director constraints that effectively limited by capital availability to the secondary quality property market.

The next company is the ardent leisure group. This company was formally named the MacQuarrie leisure trust group and is stapled security comprising a unit in the trust and shared the operating company. The company is effectively a leisure property operator and owner with large businesses in Australian theme parks, bowling abilities and health clubs together with smaller businesses in Australia marinas and US family entertainment centers. Revenue is predominantly from the operating businesses, rendering the company more similar to a conventional corporate stock then an Australian real estate or infrastructure trust. The company is clearly focused on the operation of owned and leased assets within the leisure sector, it emphasizes a low price point, value for money and mass-market appeal, family leisure offerings. Growth strategies medium-term I'm clear that in the short term the company seeks to benefit from desperate lessors during the property market downturn.

The final company which urged to examine this Bunnings warehouse property trust which is focused on bulk goods retailing properties, in particular Bunnings warehouses. Currently all properties owned by the trust our long-term leases to wholly owned subsidiaries of Wesfarmers Limited including Bunnings group Limited and J Blackwood in some limited. Established in 1998, the responsible entity from mining is is Bunnings Property Management Limited. Being the only trust solely focused on the bulky goods retail subsector, Bunnings seeks to provide unit holders of the secure growing income stream and capital growth through acquisition is consistent with investment strategy, development extensions and active asset management especially open market rent reviews.