Chief economist at the Standard Bank Group (SBG) says all bets are off now for interest rate cuts that were touted at the start of the year, but adds that the SA Reserve Bank may opt for a pause this month instead of a reflexive panic move.
John Jack, CEO of Galetti Corporate Real Estate, shares insights on the broader SA property sector and tell us why he believes Joburg is primed for growth despite the water crisis and service delivery woes.
Kobus Lamprecht, editor of the Rode Report on the South African Property Market, shares insights from the latest report and says the overall industry is on a ‘stronger footing’ this year.
Vanessa Murray from Nedbank CIB says ‘subdued activity’ for new loans in recent years from real estate investment trusts has seen them 'shoring up their balance sheets' – and with the sector having rerated, the bank is far more positive about what’s to come from SA’s listed property counters.
The CEO of Vukile Property Fund, which has just sold a string of retail parks in Spain for €279m (around R5.2bn), says the group is now trading at a premium on the JSE – and he forecasts further upside considering its acquisitions pipeline.
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