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2010's top investment

Jan 23 2011 11:36 Elma Kloppers

Company Data

Fortressa [JSE : FFA]

Last traded R13.10
Change R-0.10
% Change -0.76%
Cumulative volume 1.11m
Market cap R3.84bn

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Growpnt [JSE : GRT]

Last traded R20.57
Change R-0.12
% Change -0.58%
Cumulative volume 2.60m
Market cap R35.86bn

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Hosp A [JSE : HPA]

Last traded R12.50
Change R-0.10
% Change -0.79%
Cumulative volume 167,099
Market cap R1.11bn

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Vukile [JSE : VKE]

Last traded R15.94
Change R0.00
% Change 0.00%
Cumulative volume 3.84m
Market cap R6.54bn

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - In 2010 South Africa's listed property sector beat the other asset classes in terms of total yield (income and capital).

Over a five-year investment horizon this sector also performed best, as shown by Catalyst Fund Managers’ latest report on listed property.

Last year's total yield for the listed property sector, with a market value of R127.5bn, was an impressive 29.62% – followed by shares (18.98%), bonds (14.96%) and cash (6.93%.).

The sector's annualised total return over five years was 18.07% – followed by shares (15.24%), cash (9.14%) and bonds (7.92%).

Investors in listed property were richly rewarded. Each R100 invested in the sector one, three and five years ago, was worth R129.62, R141.25 and R229.41, respectively, on December 31 2010.

The listed property shares that produced the best returns in 2010 were Fortress Income Fund [JSE:FFA] B units with 65.70%, followed by Vukile Property Fund [JSE:VKE] with 47.39% and Growthpoint Properties [JSE:GRT] with 41.77%. The B units of Hospitality Property Fund [JSE:HPA] produced the lowest total return of -4.73%.

- Sake24.com

For business news in Afrikaans, go to www.sake24.com.

 
 
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