Johannesburg - South African listed property posted an impressive 29.6% return for 2010, outstripping the All Share and the All Bond indices, which posted returns of 18% and 15% respectively.
"The numbers speak for themselves and again establish that listed property has an essential place in any serious investor's portfolio," said Norbert Sasse, chairperson of the Property Loan Stock Association of SA and CEO of Growthpoint Properties [JSE:GRT] on Wednesday.
"The listed property sector - and particularly property loan stock companies - was an outstanding performer in 2010. The good news for investors is that this performance is likely to continue," he said.
The year-on-year growth for the All-Share index stands at 15.1%, with the All-Share Top 40 index achieving an increase of 13.4% over the course of 2010.
During the same period, the FTSE/JSE Property Unit Trust index returned growth of 15.4%, while the FTSE/JSE Property Loan Stocks saw rewarding growth of 21.4%.
Avior Research, which released the listed property performance data, anticipates that in 2011, with stable bond rates, the listed property sector will achieve a total return of 15.6%, comprising 7.5% capital return from distribution growth and 8.1% from income return.