UK-based or exposed property stocks are providing strong returns for JSE investors despite the delayed Brexit process and uncertainty around it. Industrial and logistics assets are enjoying good tenant demand, especially from companies involved in online shopping. South Africans can access numerous UK-based or exposed property companies. Atlantic Leaf Properties, which invests only in the UK and in warehouses in secondary cities, and Equites Property Fund, which has exposure to top-end UK distribution centres, are performing well compared with other JSE-listed property funds. Atlantic Leaf’s share price is up about 10.6% year to date, while Equites’ share price has climbed nearly 33%. Companies like Amazon and Wal-Mart need to store goods in high-quality distribution centres. More of these centres are being built in secondary cities outside London. This is so that customers living across the UK can receive goods that they buy online more quickly. Keillen Ndlovu, Stanlib’s head of li...

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