Sunday, 13 December 2015 13:17

Listed property shows signs of flagging

There are signs that the South African listed property sector's strong run is ending.

The SA Listed Property Index (SAPY) recorded a negative total return (-0.50%) for the month ended 30 November 2015. 

Catalyst Fund Managers notes offshore counters looking to take advantage of South African investors’ appetite for offshore exposure with UK-focused specialist REIT Capital and Regional and International Hotel Group completing secondary listing’s on the JSE main board and AltX respectively. 

South African listed property holds its own compared with other global regions so far this year but economic pressures are set to bring volatility to bear on property markets worldwide.

While SA's listed property index is set to come under pressure during the rest of the year‚ certain companies are standing out as top performers.

Thursday, 08 October 2015 18:56

UK mall owner Capital & Regional lists on JSE

Investors must be circumspect when it comes to investing in new off shore property companies that are listing on the JSE.

According to Catalyst Fund Managers, the yield to maturity on the Long Term Government Bond Index weakened by 5bps to end the month at 8.44% (8.39% - 31st August 2015).

For the last 12 months SA Listed Property has recorded the highest total return (27.5%), followed by SA Cash (6.38%), SA Bonds (5.43%) and SA Equities (1.12%). 

New Europe Property Investments grows its recurring distributable earnings per share 24% year on year in the first half of this year, thanks to acquisitions and developments.

According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a positive return of 5.14% for the month ended July 2015.

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