Finding value in SA’s listed property sector

Adrian Jardine from Avior Capital Markets and Fayyaz Mottiar from ABSA Asset Management discuss the spate of listings on the property market and whether investors are spoiled for choice – or simply seeing the formation of a bubble. To view part 1 click here. To view part 2 click here.

2018-05-27T17:08:20+00:00 October 14th, 2015|Listed Property|

Refocused Sirius winning over local investors

GERMANY-focused business park owner Sirius Real Estate is winning over South African institutions after taking up a secondary listing on the JSE at the end of last year.   Over the past five years, under a turnaround management team, it has gone from owning large office buildings to a portfolio of properties suitable for [...]

2018-05-27T17:08:21+00:00 October 2nd, 2015|Listed Property|

Real estate sector ripe for specialized funds

While many international Real estate investment trusts (REITs) are weighted in favour of a specific sector, this trend has emerged in South Africa's property industry.   South Africa tends to have more generalist property REITs that invest in a mix of segments such as commercial industrial, hotel, office and retail. But one of the trends [...]

2018-05-27T17:08:23+00:00 July 7th, 2015|Listed Property, Naeem Tilly|

Beating housing’s risky reputation

HUGE demand for affordable housing should, in theory, make the JSE a popular place for residential landlords to raise capital. Yet, until about a year ago, Premium Properties, now merged with sister fund Octodec Investments, was the only stock among the JSE’s 45-odd real estate counters to offer income-chasing investors part exposure to the rental [...]

2018-05-27T17:08:24+00:00 March 18th, 2015|Listed Property, Naeem Tilly|

Listed Property: The Best and Worst times

The opening line in Charles Dickens’ A Tale of Two Cities — "It was the best of times; it was the worst of times" — perfectly encapsulates the current state of the SA listed property sector.   On the one hand, low interest rates and stable sector fundamentals bode well for the outlook. However, some [...]

2018-05-27T17:08:24+00:00 January 7th, 2015|Listed Property, Naeem Tilly|

Listed Property: Who is pulling the trigger?

By Kundayi Munzara*   The South African commercial property sector has evolved over the past 20 years, with a higher rate of evolution occurring in the past 10 years.   Large commercial property assets, including office buildings and super regional shopping centres, were predominantly held by financial institutions and life insurance companies in South Africa [...]

2018-05-27T17:08:24+00:00 December 5th, 2014|Listed Property, Naeem Tilly|

Listed property outlook: still delivering the goods

  For the SA listed property sector, 2011 was the year of deteriorating fundamentals as global markets were hit by a series of shocks and events that kept uncertainty high.   Company earnings were generally on the downside and guidance was often downgraded to take heed of weak consumer and business confidence.   Despite this, [...]

2018-05-27T17:08:27+00:00 July 26th, 2013|Listed Property|

Listed property outlook: still delivering the goods

For the SA listed property sector, 2011 was the year of deteriorating fundamentals as global markets were hit by a series of shocks and events that kept uncertainty high.   Company earnings were generally on the downside and guidance was often downgraded to take heed of weak consumer and business confidence.   Despite this, the [...]

2018-05-27T17:08:27+00:00 July 26th, 2013|Listed Property, Naeem Tilly|

Redefine bids for all of Hyprop

Johannesburg - Property loan stock Redefine Income Fund (Redefine), which seems determined to boost its portfolio with prime shopping centres, announced on Wednesday it may acquire retail-focused Hyprop Investments in full.   Redefine said in a Stock Exchange News Service announcement it had reached a deal with Coronation Fund Managers to increase its stake in [...]

2018-05-27T17:08:28+00:00 March 24th, 2010|Listed Property, Naeem Tilly|