BUSINESS DAY TV: Bourse proposes shake-up of property indices make-up
Mark Randall is manager of indices and valuations at the JSE. BUSINESS DAY TV: The JSE is looking to rejig the way local property indices are constructed, largely following concerns raised around their current composition. Mark Randall, manager of indices and valuations at the JSE, joins us now on News Leader with more of the detail. Mark … what have the concerns been around the way local listed property indices are put together? MARK RANDALL: We have a number of listed property indices but I guess the key one that people would really be interested in is the SAPI, which is our South African Property Index. Now there are a number of pretty technical issues to SAPI but the real issue is one about identity. When we talk about South African property that means different things to different people. And what we’ve discovered is that the more people we talk to, the more we understand that people have a different view of what South African property should be and it doesn’t always align with...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.