Since late 2017, the listed property market has suffered major setbacks due to the anaemic domestic growth environment. This poor growth has contributed to an increase in vacancy rates, tenant failures, negative rental reversions, rising costs of occupancy and a deceleration in income distribution growth rates.

Property is an economic-sensitive asset class whose fundamental drivers closely track the country’s GDP. In 2018, the SA listed property index (Sapy) recorded a negative 25% total return, undoubtedly the worst listed-property index return since 1995...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now