On this latest episode of The Property Pod we delve into how local and key international Reit markets are doing in the context of volatility caused by concerns around the prospects of a global recession. This is off the back of spiking inflation and oil prices in the wake of the Russia/Ukraine conflict, and now increasing interest rates to bring inflation under control.
” “But I think what you’ll find is the sector is sold off to the point where it’s offering quite a high dividend yield now. And if you look at the results that came through in June … no one was really forecasting a very tough outlook. [Property counters] reiterated their guidance, they showed operational performance, good trading, densities picking up, footfall getting better, vacancies under control.
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