Mpumalanga Rhinos lack firepower at CSA T20 Knockout Competition
lowvelder.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lowvelder.co.za Daily Mail and Mail on Sunday newspapers.
Mpumalanga Rhinos charge into new season at CSA T20 Knockout Competition
lowvelder.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lowvelder.co.za Daily Mail and Mail on Sunday newspapers.
Getty
Portfolio managers say despite the attractive valuations and fantastic dividend yields the listed property sector offers, they remain cautious about its prospects.
They foresee a lot of pain in the coming months as consumer spending at malls depends on the pace of recovery of the local economy, which remains uncertain given the delays in the Covid-19 vaccination programme and predictions of a third wave.
Analysts forecast that rentals and property valuations will fall further in 2021, forcing more landlords to raise capital.
The bruising is not over for South Africa s landlords. In fact, analysts expect more severe pain is still on the way for the listed property sector as more retail tenants are buckling under pressure and some office leases would be up for renewal.