Metope In The News

Business Day: Vukile enters fashion-forward Italy

Vukile has lifted the lid on plans for the three dominant shopping centres it recently bought in Italy, as it enters the fashion-led retail market where affluent households and robust discretionary spending have propelled the country to the second-highest cumulative tenant sales growth in Europe since 2019. Metope investment analyst Curwin Rittles offers his views on the deal.

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Financial Mail: Property behemoth lives up to its name once more

Turning around a struggling real estate portfolio valued at R157bn, spanning multiple sectors and three continents, is not a task for the faint-hearted. Yet the management team of Growthpoint Properties, the JSE’s largest South Africa-based Reit, has done just that. Metope investment analyst Curwin Rittles gives his views.

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Financial Mail: South African unit trusts turn back to property

Two years ago, South African real estate hardly featured in local wealth and pension portfolios. But the tide is turning as investors plunge back into the asset class with fresh vigour. Liliane Barnard, portfolio manager of the Metope Property Income Prescient Fund, the top domestic property unit trust over one year according to figures for the 12 months to February 19 from FundsData, shares her views.

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Metope: 2026 South African Listed Property Outlook

Metope shares its 2026 Outlook for the South African listed property. The investment team looks back at 2025, highlighting that the sector once again delivered exceptional returns in 2025, with South African listed property generating a total return of approximately 30.5%, following the 29.8% gain recorded in 2024.  Performance was supported by a materially more stable macroeconomic environment and a clear improvement in underlying fundamentals. Looking ahead to 2026, Metope expect sector returns to be more earnings-led, underpinned by ongoing real rental growth, the contribution from embedded escalations, further efficiency gains, and the continued rollout of renewable energy initiatives.

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