Property index soars 26% as sentiment rebounds
Industry body SA Reit says listed property has outperformed bonds, equities and cash so far this year
30 September 2024 - 05:00
The SA listed property index is up more than 26% since the beginning of the year, adding billions of rand in value as confidence returns to the sector after a few tough years, including the devastation of the Covid-19 pandemic.
The sector, which accounts for assets worth more than R500bn, has faced many challenges, leading to structural shifts in the office space market...
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