Real Estate Investor Magazine South Africa April 2014 | Page 50

STRATEGIES BY HAROLD STRYDOM Your investment horizon Listed property: is it a long or short term investment? S outh A f rican listed proper t y delivered exceptional returns over the last 10 years, outperforming both the FTSE/JSE All Share Index (ALSI) and BESA All Bond Index (ALBI), which both had an excellent decade in their own right. Gazing into the future requires us to understand what drove returns over the past decade and then establish how many of these tailwinds will still be evident in the next couple of years. House prices usually rise sharply when the economy is booming Listed property had an exceptional 10 years (no costs or taxes taken into account) 48 April 2014 SA Real Estate Investor SUBSCRIBE www.reimag.co.za