Wednesday, 11 December 2013 08:12

Volatile bond yields dampen returns on property

JSE's R249bn listed property sector delivers a muted 7.3% total return for the first 11 months of this year, some way off the 17.92% achieved by the All Share index over the same time.

Listed property sector should be able to perform better next year than it did this year, even with the threat of interest rates rising.

Wednesday, 13 November 2013 12:55

Short-term risks dampen listed property sector

There was very little in the way of positive news for investors in South Africa's listed property sector for the week ended 9 November 2013 and the US jobs report of last Friday has placed the sector firmly on the back foot.

South Africa’s listed property sector declined 0.3% during the week ended 25 October 2013. 

Tuesday, 22 October 2013 14:32

Listed property on the upswing

The listed property sector has returned more than 13% since it bottomed towards the end of August and more than 1.4% in six of the past eight weeks. 

Analysts believe that over the next six to 18 months there will be consolidation in the property sector following the rash of new listings over the past three years.

High volatility in SA's listed property sector over the past year has largely been blamed on rising bond yields, which conventional wisdom says is bad for property returns. 

South Africa’s listed property sector finished the week ended 11 October 2013 largely unchanged despite a stronger Rand and lower bond yields. 

The R223 billion South African listed property sector’s underlying property and fund fundamentals are showing improvement, despite the recent bond-driven share price volatility on the JSE Real Estate Investment Trust (REIT) board.

Despite a weaker Rand and higher long-bond yields, South Africa’s listed property sector registered a gain of 1.4% during the week ended 27 September 2013. 

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