The listed property sector is continuing to perform strongly, with the total return for the year at 16,9%, or an annualised 81%, at mid-March.
The strong growth in property values has been a mixed blessing for SA's listed property sector, which is struggling to purchase fixed properties, as there seem to be so few sellers.
South Africa's listed property sector is expected to produce a total return of 16% over the next year, according to Metropolitan Asset Managers.
JSE-listed construction firm Group Five continues to be dogged by contract problems outside SA, forcing it to stop work worth millions of rand.
The listed property sector and the property industry as a whole have experienced a major boom over the past few years, with analysts expecting another solid year from this asset class.
Construction of the new R450m, 40,000 square metre regional shopping centre on site adjacent to The Ridge Casino in Emahlaleni has commenced.
There is still very much a place for listed property in the form of property loan stocks and property unit trusts in one's portfolio - particularly if one is looking for increased income.

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