Ahmed Motara is the listed property analyst at STANLIB and delivers an excellent presentation on local and offshore Real Estate Investment Trusts (REITs).
He makes the case that the listed property space is well positioned and offers double-digit returns back by strong dividends as the sector emerges from the havoc of the pandemic.
Ahmed makes the point that SA REITs had been in a bad place ahead of the pandemic with valuations, LTVs and escalations that were all too high. The sector needed to reset and Covid forced that resetting and the REITs are better for it.
Subscribe to the Just One Lap weekly newsletter here