bullish
South African Listed Property Review February 2025
Golden has highlighted this Insight as a Top Pick
SUMMARY
- February proved to be largely directionless for SA listed property, with the J803 All Property Index up a paltry 0.27%.
- Macro instability has certainly not aided, and the Government of National Unity not being able to deliver a budget on schedule certainly was not a plus.
- Latest Rode research continues to point to the Office sector as having bottomed, and Industrial continues to perform well. While the Clur Index shows that Retail continues to perform soundly.
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