Keillen Ndlovu on listed property being ‘out of favour’

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‘The sector, in terms of sentiment, I would say has probably hit that low. And even looking at valuations as well, the discounts to NAV [Net asset values] are at the highest levels that we've seen at 40%-plus. So take out the Covid era or lockdown days, this sector is probably at its cheapest levels,’ says the independent property boffin.

3 Oct 2023 English South Africa Business

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