Market Indicators
- JSE All Share (ALSI) 66,138.05
- Rand/Euro R 18.25
- Rand/Pound R 21.05
- Rand/US Dollar R 15.12
- Rand/Aus Dollar R 11.65
The Impact of REIT structures on Listed Property Investing
Listed property was the top performing local asset class over a period of 15 years from 2002 through to the end of 2017, outperforming the broader equity market by 5% per year over that period. The outperformance was driven by a range of factors, including the introduction of the REIT (Real Estate Investment Trust) structure. It is important for investors to understand these structures and this month’s commentary considers the impact they can have when investing in listed property.
