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ALLAN GRAY: SA listed property: The appeal of fixed assets in an uncertain world

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Manage episode 479812371 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
GUEST – Siphesihle Zwane, portfolio manager at Allan Gray.
The idea of owning property is significant in South Africa – for various reasons – and it is often seen as the safest bet, especially when markets are in turmoil. But owning a stake in a listed property company is very different from investing in a residential property. South African listed property has shifted from being a leading wealth creator in the early 2000s to one of the weakest performers over the past decade on the back of sluggish economic growth, ongoing infrastructure challenges and the impact of COVID-19 on retail and office space demand.
Over the last year, the sector has shown signs of recovery. Is it time to cement the opportunity, or should it be approached with caution? Allan Gray portfolio manager Siphesihle Zwane joins Kaya Biz to discuss the performance of the sector and share some of the considerations long-term investors should keep in mind when exploring opportunities in listed property. Kaya FM
  continue reading

174 episodes

Artwork
iconShare
 
Manage episode 479812371 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
GUEST – Siphesihle Zwane, portfolio manager at Allan Gray.
The idea of owning property is significant in South Africa – for various reasons – and it is often seen as the safest bet, especially when markets are in turmoil. But owning a stake in a listed property company is very different from investing in a residential property. South African listed property has shifted from being a leading wealth creator in the early 2000s to one of the weakest performers over the past decade on the back of sluggish economic growth, ongoing infrastructure challenges and the impact of COVID-19 on retail and office space demand.
Over the last year, the sector has shown signs of recovery. Is it time to cement the opportunity, or should it be approached with caution? Allan Gray portfolio manager Siphesihle Zwane joins Kaya Biz to discuss the performance of the sector and share some of the considerations long-term investors should keep in mind when exploring opportunities in listed property. Kaya FM
  continue reading

174 episodes

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