Tag: Real Estate Investment Trust
South Africa’s worst performing asset class in 2019 was once again the property sector. This was despite the Real Estate Investment Trust (REIT) sector recovering to modest growth after it fell by 25 per cent in 2018. Keillen Ndlovu, Head of Listed Property Funds at Stanlib joins CNBC Africa for more on what lies ahead for the sector in 2020.
Edgar Mafoko, Portfolio Manager at FNB Wealth and Investments explains his reasons for selecting Hyprop, South Africa's largest listed specialised shopping centre Real Estate Investment Trust, as his Hot Stock.