Major growth forecast as the listed property sector reports above-average returns THE South African listed property sector presents an attractive opportunity to investors and is likely to follow the trend in Australia, where the property sector has shown enormous growth on the Australian Stock Exchange, says Richway Retail Properties CEO Peter Blanckenberg.

PREDICTIONS made in April and May this year by Mike Flax, Interest rates would drop and further boost the listed property fund sector, have now been proved correct.

SA's R8bn listed property market is poised to see prolific growth in the next few years if it continues to follow Australian market trends.

The industry has grown rapidly since 1998 due to the lack of barriers