Ian Anderson, Head of Listed Property and Portfolio Manager at Merchant West Investments, as well as compiler of the SA REIT Association’s monthly Chart Book, said the South African Real Estate Investment Trust (SA REIT) sector is poised to see positive distributable income growth for the first time in three years.

The geopolitical landscape is a treacherous one, with many global economic powerhouses being exposed to a variety of risks seemingly around every corner.

In recent years the financial market landscape has changed dramatically, and the way we analyse countries and their risk has followed suit.

We expect reasonable growth from global markets this year but within a more volatile environment. We do, however, expect that these headwinds will eventually slow global activity, likely causing growth around the world to disappoint in late 2019 and early 2020.

Sol Kerzner is not retiring, even though the 78-year-old hotel magnate has sold out of the group that made him a global powerhouse and spawned some of the world's best-recognised hospitality brands.