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SA’s Reits – how they did in 2024 and the outlook now.
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GUEST - Keillen Ndlovu is an independent property analyst.
The SA listed property sector was again the best performing asset class last year. The SA listed property index (J253) achieved 29% total returns (income and capital) in 2024, a significant increase compared to 10.1% in 2023. This was ahead of bonds (Albi), the second-best performing asset class, for the second year running, with returns of 17% and 9.7% respectively over the same periods.
The SA listed property sector was again the best performing asset class last year. The SA listed property index (J253) achieved 29% total returns (income and capital) in 2024, a significant increase compared to 10.1% in 2023. This was ahead of bonds (Albi), the second-best performing asset class, for the second year running, with returns of 17% and 9.7% respectively over the same periods.