Income-yielding listed property set to improve on past six months
Reits have reported an improvement in their balance sheets and gearing levels
SA’s listed property sector, (https://www.businesslive.co.za/bd/companies/property/2022-01-09-property-stocks-set-for-another-good-year-as-economy-improves-further/) which has underperformed in the past six months as a result of volatile global markets and rising interest rates, looks set to end 2022 solid as the Covid-19 uncertainty is removed and the sector is seen as an income-yielding asset.
The relaxation of Covid-19 regulations has helped the sector recover as more people visit malls and people return to offices, but the sector’s income is expected to remain under pressure due to the weak economy and rising fuel prices...
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