Why listed property firms are still a good bet in the long term
Sector has been on the back foot in 2019 but investors can look forward to better returns when the economy bounces back
SA’s listed property sector has been treading water in 2019 as it faces a number of short- and medium-term challenges.
Fortunately, investors have been partly cushioned by the offshore diversification strategy adopted by most of the large SA-based property companies. There is also potential for merger and acquisition activity, and some discussions have been initiated that could result in consolidation...