Real Estate Investor Magazine South Africa August 2015 | Page 50

LISTED

Listed Property

Picking listed property shares
BY MONIQUE TERRAZAS

L

isted property, the best performing asset class
for two decades, experienced a correction over
the last few months.
It is not completely unexpected that the property
index dropped by around 10% in a few weeks, given
that a number of experts had warned that sector
valuations looked pricey over the last few months and
bond yield had already started to rise.
However, some investors may have been surprised
by the correction, believing that listed property is
not as volatile as other shares, but the reality is that
share