Metope In The News

Glacier – Funds on Friday: Why listed property remains attractive in volatile markets

Last year, 2018, was an inordinately difficult year for listed property. The sector is taking some time to regain investors' confidence, with analysts pointing out that a revival in business and consumer confidence is needed in SA, as well as positive GDP growth for property fundamentals to recover in 2019 and beyond. In addition, a ruling by the FSCA on its investigation into the Resilient group of companies will help ease investors' concerns. However, industry players have noted that the correction in the sector has been overdone. A number of stocks are very attractively priced, with yields currently the highest in 10 years - making it a good time to buy selected property counters for the long term. Metope CEO Liliane Barnard comments.

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