Evan Jankelowitz Wave of cash chasing property stocks
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