Analysts are fairly upbeat about the sector’s prospects as interest rates and inflation start to peak.
After a horrible three years characterised by unpredictable share price swings and dwindling dividends, analysts expect a somewhat more stable and profitable year ahead for real estate investment trusts .
Property stocks’ multiyear underperformance continued last year as the sector again lagged behind the other three major asset classes. The South African listed property index ended 2022 barely in the black, with a total return of just 0.5%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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