LISTED property loan stock heavyweight Hyprop Investments was the best performer of listed property groups in terms of returns to investors last month, says the latest overview by Catalyst Securities.
Commentators say move may boost confidence in SA and lead to increase in letting of office and industrial premises
THE listed property sector recorded a positive performance last month with "little guidance" from the general equities market, bond yields and the recent Reserve Bank monetary policy committee meeting where no further interest rate cut was announced, say investment analysts at Catalyst Securities.
PROPERTY loan stock company Ambit Properties, a joint initiative of Absa Commercial Property Finance and Marriott Holdings, will list today on the JSE Securities Exchange SA.
Rand Leases Properties was the best performer in the listed property sector in terms of unit price last month, with the price jumping 92%
Amid choppy seas, the sector offers relative security, writes John Sukazi
PROPERTY'S underlying value as a defensive investment opportunity will continue to attract investor focus despite a volatile environment characterised by high interest rates, says Andre Stadler, managing director of Catalyst Securities.
The growing deficits of many developments poses a serious threat to unit owners and managers
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