SA investors who bought shares in German business park owner Sirius Real Estate when it made its debut on the JSE four years ago would have virtually doubled their money — and earned a decent 5%-a-year euro-based dividend yield to boot. Is it too late to buy the share if you don’t own it already? It doesn’t seem so, as Sirius still appears high on a number of fund managers’ stock pick lists — no easy feat, considering that JSE investors nowadays have about 20 purely rand hedge property counters to choose from. In addition, at least 15 SA-focused counters offer investors partial exposure to foreign real estate markets. The sector’s offshore exposure is spread among 25 countries, including the UK, France, Australia, Switzerland, Romania, Poland, Serbia, Spain, the US and Mauritius. But the fact that Sirius is the only counter among the JSE’s 55-odd real estate stocks that provides SA investors with 100% exposure to the German economy is no doubt a major drawcard. Germany is, after all...

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, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.