BRITISH property companies have recognised that South Africans have a seemingly insatiable appetite for UK real estate exposure.SA’s domestic equities and listed property companies’ returns are under pressure as growth slows, and the rand remains a weak and volatile currency. By buying into UK property assets, investors gain the benefits of a rand hedge. UK property owners are also pitching that economic growth will be relatively stronger there than in SA over the next few years.South Africans have the option of buying into UK property directly, or indirectly through real estate shares with UK exposure.Most recently, two British groups have introduced themselves as direct and listed property options for investors.Manchester-based Select Property Group gave a presentation in Sandton detailing its Affinity Living and Student Vita products to potential investors. It has been running since 2012.Affinity Living is Select Property’s general build-to-rent brand launched in March this year....
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.