SA Real Estate Investment Trusts can unlock further upside by emulating their global peers
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SA Real Estate Investment Trusts can unlock further upside by emulating their global peers
Stanlib Collective Investments
Stanlib Collective Investments
Q1 of 2024 | 2 years ago
SA REITs’ performance compares poorly with the annualised total returns generated by the JSE All Bond Index (+7.0%) and the FTSE JSE All-Share Index (+9.8%) over the same period. A more apposite comparison is with global property stocks, which delivered an annualised total return of 7.3% in rand terms over the same period. They achieved this while weathering the disruption of the Covid pandemic and despite being more sensitive to rising interest rates than SA REITs.