22.04.2013 - S.Africa: Where to now for real estate funds?
Funds that invest in real estate both locally and globally are, on average returns, among the top three performers over both the three- and one-year periods to the end of March. Local real estate funds were also the best performing sub-category over five years to the end of March. Keillen Ndlovu, the head of the listed property franchise at Stanlib, says the property market is being driven by the strong local bond market. Listed property performs in line with the bond market because of its income-generating ability...............................................Full Article: Source
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