Why are the buffalos heading north ? - The hidden benefits of investing in UK property

By Sophie Gamborg

The Telegraph newspaper in the UK recently announced that the ‘ British pound is expected to soar ’ and that sterling is trading close to a one-year high against the dollar , a result of a more resilient housing market and strengthening economic activity . Ten years ago £ 1 was R13 and today it is more than R24 . South African investors have a prime opportunity to hedge against the rand ’ s further depreciation and diversify their property investments offshore .

125 APRIL / MAY 2023 SA Real Estate Investor Magazine