Financial Mail

Evan Jankelowit­z Wave of cash chasing property stocks

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Sesfikile Capital director Evan Jankelowit­z says a wave of yield-hungry investors looking for a home for their cash has pushed demand for property stocks to unpreceden­ted levels.

The SA listed property index touched a record high of 617 points earlier this week.

“Listed property’s attractive yield, better-than-expected earnings and long-term growth profile make for an attractive home for these assets,” says Jankelowit­z. Joan Muller

mullerj@fm.co.za

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