Since the adoption of real estate investment trust dispensation in SA, the listed property sector and associated industries have benefited from unprecedented growth.
Growthpoint Properties CEO Norbert Sasse is concerned about the extent of the negative effects that a looming sovereign credit ratings downgrade will have on SA’s economy.
Rebosis Property Fund is positioning itself for a rerating, which will attract larger investors and enable the company to join global indices.
Redefine Properties' student housing arm, Respublica, says it is set to grow exponentially when its Australian product comes online in 2019.
Fortress Income Fund more than doubles its B-share dividend to shareholders in the six months to December.
Student residence provider Respublica has plans to provide 20,000 beds by 2020 as it looks to fill the educational housing gap left by the state.
More South African-listed property funds are looking to Australia for offshore expansion because of its better finance costto-yield spread.
Consolidation in the listed property sector is being stalled by volatile markets, with investors reluctant to sell their stock at existing prices.
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