The de - rating of listed property was the biggest driver of the underperformance of the SA listed property sector in 2008
The SA Listed Property Index (J253) recorded a total return of 4.88% in December 2008. The Property Loan Stock Index (J256) and Property Unit Trust Index (J255) recorded returns of 4.19% and 6.99% respectively over the same period
The de - rating of listed property was the biggest driver of the underperformance of the SA listed property sector in 2008
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