UK Reits on the rebound
British retail-focused property stocks return to South African investor radars as they finally resume earnings and dividend growth
08 August 2024 - 05:00
It’s no secret that UK property stocks, retail-focused ones in particular, have been out of favour for several years.
Though the region was traditionally a preferred rand hedge destination among South African investors, many pivoted to Eastern Europe, Germany and Spain as Brexit, the rising threat of e-commerce and pandemic-induced valuation writedowns eroded much of the allure of UK real estate. ..
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