The pendulum seems to be swinging back towards the sector through there could still be further price depreciation.
The Madison stable of listed property companies, including Madison itself, all issued cautionary announcements yesterday indicating they were considering a proposal that could see them merge into a single property fund.
In spite of double-digit distribution growth, the South African listed property sector has lost 24% of its value since November
SA’s listed property sector is expected to deliver an annual total return of about 15% for the next three years on the back of strong property fundamentals, low vacancies and solid income growth

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