As for the wider A-REIT sector, the return in 2011 was +10% as supposed to -9.7% for equities. This is not surprising, given - you ever heard your mother tell you, invest in property, instead of being greedy and investing in the share market (where you can lose a lot), or gold (which isn't worth anything and is just waiting for a bubble crash)? Even if the country goes into war, the land on which property is sitting on is still worth something. Contrast this with businesses which close, etc etc. Trust me, don't waste time with mining, retail sector, health care, etc.. if you're new to investing, you're lucky you didn't lose 90% of your money (children's savings) in the 2008 market crash..
The organization itself is performing extremely well. Profit increased from $77m in 2009, to $109m in 2010, and now 11% to $121m in 2011. Dividend distribution was doubled from 1.5c to 3c, gearing (debt level) has been reduced to 29% since 2009 (and has been consistent for 2010 and 2011). If you look at Announcements, you also notice the Chairman (Seng Huang Lee) who is over the months acquiring more and more FKP shares. To me though, the most important is consensus recommendation (since often, fund managers have access to "inside" information that we the "public" may not have access to) which is 100% STRONG BUY (inc. Austock Securities, JP Morgan and Morningstar).
PS: I should note I (the author of this post) own holdings in FKP Property Group. Yeah, I put my money where my mouth is (unlike a lot of journos who just talk - but no action).
Sources: http://www.smh.com.au/business/reits-set-for-takeover-tussles-20111228-1pcu1.html http://www.fkp.com.au/media/20111125_AGM_Chairmans_Address.pdf http://www.fkp.com.au/media/annual_reports/20111024_FKP_Annual_Report.pdf