THE FINANCE GHOST: Property sneaks the win in a close finish

Top and Current
Source : (remove) : businesslive.co.za
^{RSS •
JSON •
XML •
CSV}

Thu, December 19, 2024

[ Thu, Dec 19th 2024 ]: businesslive.co.za
Category: Business and Finance

THE FINANCE GHOST: Property sneaks the win in a close finish

Fri, December 13, 2024

[ Fri, Dec 13th 2024 ]: businesslive.co.za
Category: Business and Finance

Nedbank CIB backs DRDGold with R2bn for mining expansion

Thu, December 12, 2024

[ Thu, Dec 12th 2024 ]: businesslive.co.za
Category: Business and Finance

G20 finance folk to focus on easier, cheaper cross-border payments in Africa

Wed, December 11, 2024

[ Wed, Dec 11th 2024 ]: businesslive.co.za
Category: Business and Finance

How emergency finance law can prevent France shutdown

Sun, December 8, 2024

[ Sun, Dec 08th 2024 ]: businesslive.co.za
Category: Business and Finance

Eskom seeks Competition Commission's nod to finally sell its finance company

Fri, December 6, 2024

[ Fri, Dec 06th 2024 ]: businesslive.co.za
Category: Business and Finance

Nedbank scoops two prestigious global awards

THE FINANCE GHOST: Property sneaks the win in a close finish

//business-finance.news-articles.net/content/202 .. t-property-sneaks-the-win-in-a-close-finish.html

Published in Business and Finance on Thursday, December 19th 2024 at 18:01 GMT by businesslive.co.za
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Heck, even office properties were showing some signs of life, with very few people still able to work from home. The sheer amount of traffic on the road suggested that people were moving around, which means they were going from home to somewhere else â€” and you can invest in "somewhere else" by buying real estate investment trusts (Reits). ..

The article from BusinessLive discusses the performance of various sectors in the South African stock market, focusing on the property sector's unexpected resilience. Despite a challenging economic environment characterized by high interest rates and political uncertainty, the property sector managed to outperform expectations. The article highlights how property stocks, often seen as underdogs, have shown significant gains, particularly in the last quarter of 2024. This performance is attributed to several factors including a recovery in rental income, strategic asset management, and a shift in investor sentiment towards more defensive assets. The piece also touches on the broader market dynamics, noting that while sectors like mining and retail faced headwinds, property companies like Growthpoint and Redefine Properties benefited from a combination of operational improvements and market conditions favoring real estate investments.

Read the Full businesslive.co.za Article at:
[ https://www.businesslive.co.za/fm/money-and-investing/2024-12-19-the-finance-ghost-property-sneaks-the-win-in-a-close-finish/ ]

Publication Contributing Sources