'Resilient group' of listed property funds outperforms other established property groups thanks to the dominance of the funds in the market segments they focus on
The listed property sector has continued its bumpy ride with the sector’s market capitalisation declining further since the major sell-off in May and early June.
The volatility of the listed property sector over the past two weeks can be largely explained by movements in bond yields and the rand, and given the market’s close correlation to bonds, analysts say it may remain volatile in the short term.
Going forward‚ we will be stripping out non-recurring income‚ less non-recurring expenditure‚ which will be distributed in a special distribution each year.
Wapnick confirms that the much-anticipated merger between Premium and Octodec is now firmly on the cards, given the JSE’s adoption of the new real estate investment trust (Reit) structure
LISTED property loan stock company Fortress Income Fund on Wednesday reported 10.89% growth in distributions for the six months ended December, compared to the same period the previous year.
The South African listed property sector has been experiencing some price volatility because of uncertainty about interest rate movements

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