Property stocks to rally on GNU optimism?

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Evan Robins, listed property portfolio manager at Old Mutual Investment Group, shares insights into the sector's first-half performance for 2024 and weighs in on expectations for the rest of the year following the government of national unity cabinet announcement.

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW Welcome to South Africa’s premier property investor podcast. On this weekly Moneyweb show, we gain insider insights from leading executives, analysts, developers and entrepreneurs in the country’s expansive property industry.

There seems to be genuine optimism abounding on the JSE and in the country generally following President Cyril Ramaphosa finally revealing his government of national unity cabinet on Sunday evening. On The Property Pod, we generally do a listed property or SA Reit sector wrap performance-wise at year-end and mid-year, but this one is a bit more exciting. SA Reits didn’t just have a great month in June but are up for the first half of 2024.However, there could be more good news, considering the surge on the JSE on Monday, with listed property stocks being among the major gainers on GNU optimism.

Read: Meet South Africa’s GNU cabinet ADVERTISEMENT: CONTINUE READING BELOW To chat about the SA Reit sector’s first-half performance, we have Evan Robins, listed property portfolio manager at Old Mutual Investment Group, on this latest podcast.Listen/read:SA listed property surprises as 2023’s best-performing asset class

 

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