Real Estate Investor Magazine South Africa June 2015 | Page 60
AFRICA
International Property
Funds
Global property exposure
offers better prospects
BY MIKE BROWN
F
ollowing on the history of over 20% per annum
returns in local listed property shares and indices
on the Johannesburg Stock Exchange ( JSE) over
the past five years and more, many analysts are now
suggesting that global property exposure rather than
local property companies, may offer better prospects.
Taking funds offshore to invest in such global
property is, however, a very time consuming, costly and
frustrating exercise, tied up by plenty of red tape and
layers of fees.
“Investing in such companies
gives access to global income
streams and also provides
a Rand hedge.”
Another alternative is to purchase property
companies on the JSE that give access to global
commercial property portfolios. Capital & Countries
Property PLC, which has a portfolio of central London
properties and Intu Properties PLC, one of the United
Kingdom’s largest listed property companies, comes to
mind.
Smaller global property companies with a JSE listing
include New Europe Property Inves