THE FINANCE GHOST: Listed property – a ‘solid’ sector?

The property sector put in a great performance in 2021, admittedly off an awful base. If you bought STXPRO, the Satrix property exchange traded fund , at the start of 2021 you would have gained more than 30% in value at the end of 12 months. Sadly, a nasty drop since then means you would now be less than 10% up from your entry price.

That ETF is now trading about 40% lower than at the start of 2020, before the pandemic broke the property sector. Expressed differently, it would take a 66% gain to get back to those levels. This is either a heartbreak or an opportunity, depending on when you entered a position in this sector ...

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

THE FINANCE GHOST: Listed property – a ‘solid’ sector?Owners of shopping malls will breathe easier now the mask mandate has been scrapped
Source: FinancialMail - 🏆 20. / 63 Read more »

PHANTOM SHARES: The Finance Ghost: Will Bidvest have more luck in Australia than most SA corporates?Australia is terrorised by deadly spiders, poisonous snakes — and failed international acquisitions by South African corporates. There is a long list of local groups who have seen shareholder value head Down Under as a result of these deals, with Woolworths as the most frequently used example. But will Bidvest’s deal fare better?
Source: dailymaverick - 🏆 3. / 84 Read more »