Property stocks set for another good year as economy improves further

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South Africa News News

The listed property sector has performed well over the past 10 years despite notable market shocks

The R384bn listed property sector is set to improve distributions in 2022 as the Covid-19 relief it has granted tenants wears off and payout ratios rise.

In 2021, the SA listed property index gained the most in nine years, up 25.65%, marking a partial recovery from a slump of 38.61% in 2020 that was the biggest since the index was created in 2004. It took the biggest pounding in early 2020 when Covid-19 first struck, closing down much of the economy and costing the sector billions in rent...

 

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