By Elliot Gulliver-Needham Real estate investment trusts (REITs) have had a tough time over the past two years as central banks hiked interest rates and the property market was plunged into a downturn. Not a single one of the 33 REITs listed in London are currently trading at a premium, with the average share price is sitting on a 29 per cent discount to its underlying assets, according to data from the Association of Investment Companies. Some are even worse than that, like Regional REIT on a 74 discount and Life Sciences REIT on a 52 per cent discount. Meanwhile, performance has been dire: R…