Fairvest Ltd is the best-performing property stock among the listed real estate companies listed on South Africa’s Johannesburg Stock Exchange .
In its annual results, Growthpoint Properties noted that the South African property market has encountered significant challenges. Rapp also highlighted that prior to the decrease in interest rates in South Africa and globally, it made more financial sense to invest in foreign markets. Most of the shares in the top 10 biggest listed property companies remained positive YTD, with one exception—Equites Property Fund.
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