Growthpoint reports strong group-wide operational performance with signs of the property cycle turning positive.

US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.

The argument has often been made that the reason the SA listed property sector has delivered good returns over time, apart from a declining yield environment, is primarily due to its predictable and growing income stream.

Catalyst Fund Managers notes offshore counters looking to take advantage of South African investors’ appetite for offshore exposure with UK-focused specialist REIT Capital and Regional and International Hotel Group completing secondary listing’s on the JSE main board and AltX respectively.