Property still a great investment over 10yrs
Ungeared investment property in SA both listed and unlisted has delivered compound total returns of 407% in the last 10 years‚ ahead of other asset classes‚ according to Investment Property Databank (IPD).
Equities delivered 314% total returns‚ bonds 208% and cash 135%.
SA commercial property’s journey over the last 10 years‚ and its prospects for the next 10 years will be in the spotlight at 10th Annual IPD Property Investment Conference‚ in Cape Town this month.
Stan Garrun‚ managing director of IPD SA‚ said: “The past decade has shown the SA commercial property sector to be very innovative and adaptive. We have never been at a more important crossroad as countries around the world reel from European contagion having just emerged from the property crash of 2008/9.”
