Aegon closes Property Income Fund | Money Marketing moneymarketing.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymarketing.co.uk Daily Mail and Mail on Sunday newspapers.
An ASX-listed fund manager and investor has snapped up Foundation Place, the first office building developed in Maroochydore's new $2.5bn city centre.
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This webinar will take place on Thursday 22 April at 12h30.
7 Apr 2021
South Africa’s listed property or real estate Investment trust (Reit) sector has gone from being the best performing asset class a few years ago, to the worst-performing investment for the last three consecutive years (2018 to 2020). The Covid-19 economic crunch has added to the industry’s woes, forcing many listed Reits to withhold or defer dividend payments, or opt for reduced payout ratios.
In terms of total returns, the SA Property Index plunged over 34% in 2020, wiping billions of rands off the sectorâs market value. In this Moneyweb Property webinar, we speak to top industry insiders and ask whether this is the end of the Reit model as we know it, or whether the industry is in reset mode and primed for a recovery?