Property companies wait expectantly for rate-cutting cycle to start
The Reserve Bank is expected to make its first interest rate cut in 18 months, with property companies hoping for a drop of between 50 and 75 basis points by early next year
16 July 2019 - 19:46
An anticipated first interest rate cut in 18 months on Thursday would give listed property a boost, according to fund managers.
The listed property sector is trying to recover from 2018, its worst year in memory, when it suffered a total loss of 25.26%, including capital and dividend growth...
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