Though listed property’s stellar 2014 performance is unlikely to be repeated over the next 12 months, the sector should continue to offer better returns than other income-generating investments such as bonds and cash.
THOUGH listed property had a rocky start to the year on the back of rising interest rates, the sector has recovered strongly in recent months, surprising on the upside with a 14% total return for the year to date (January-September).
Delta Property Fund (DLT) delivered double-digit growth in distributions for the six months to August‚ thanks to it gaining more government business and careful cost management.
LAST week’s collapse of yet another proposed multibillionrand merger in the R300bn listed property sector raises renewed questions on whether consolidation is necessarily in shareholders’ best interests.
