SA’s listed property sector sold assets valued at more than R6bn between end-June 2022 and August 2023, with more than R11bn of assets either sold but not yet transferred, held for sale or under negotiations, according to the latest company results and announcements.

Analysts say selling to reduce loan to values (LTVs) — a key measure of the financial health of a property company — remains the main reason for selling for many real estate investment trusts (Reits)...

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