Liberty Two Degrees 2016 JSE listing 'not a mistake'
No regrets from the Reit as analyst warns that more property stocks may find themselves in private hands.
Source: moneyweb.co.za
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No regrets from the Reit as analyst warns that more property stocks may find themselves in private hands.
The sector 'underperformed a lot of the peer asset groups within the SA domestic landscape,' says Naeem Tilly of Sesfikile Capital. But he sees the sector stabilising, with 'a lot of the data coming out [showing] that vacancies are falling and rentals are starting to grow'.
Hopes to exit its sub-Saharan assets within the next two years.