THE South African listed property posted an impressive 29,6 percent total return for the year 2010, notably outstripping both the All Share and the All Bond indices, which posted total returns of some 18 percent and 15 percent respectively.
"The numbers speak for themselves and again establish that listed property has an essential place in any serious investor's portfolio," said Norbert Sasse, chairperson of the Property Loan Stock Association of SA and chief executive of Growthpoint Properties.
"The listed property sector - and particularly property loan stock companies - was an outstanding performer in 2010. The good news for investors is that this performance is likely to continue."
The year-on-year growth for the All-Share index is 15,1 percent, with the All-Share Top 40 index achieving an increase of 13,4 percent over the course of 2010.
Property a capital performer
THE South African listed property posted an impressive 29,6 percent total return for the year 2010, notably outstripping both the All Share and the All Bond indices, which posted total returns of some 18 percent and 15 percent respectively.
"The numbers speak for themselves and again establish that listed property has an essential place in any serious investor's portfolio," said Norbert Sasse, chairperson of the Property Loan Stock Association of SA and chief executive of Growthpoint Properties.
"The listed property sector - and particularly property loan stock companies - was an outstanding performer in 2010. The good news for investors is that this performance is likely to continue."
The year-on-year growth for the All-Share index is 15,1 percent, with the All-Share Top 40 index achieving an increase of 13,4 percent over the course of 2010.
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