Financial Mail: Listed property – oases in a dividend drought

It seems that investors have finally regained — albeit tentatively — an appetite for property stocks. The JSE’s listed property sector has staged a 17% rebound so far this month, with some counters, most notably those focused on retail, up more than 40%. A better-than-expected recovery in foot count and trading densities reported since lockdown restrictions started being eased in June must be helping. Metope investment analyst Kelly Ward comments.

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