ARTICLES

Global Property as a Portfolio Constituent

June 26 2019

Listed property investments have generally been one of the more neglected sectors of the investment universe. This is despite global listed property being one of the best performing assets classes over the last fifteen years from both a total return and inflation-hedging perspective. Listed real estate has steadily been improving its accessibility as an asset class, primarily through the proliferation and success of listed property investment vehicles, such as Real Estate Investment Trusts (REITs).

Unfortunately, notwithstanding the consistently strong performance of REITs over long periods, global REIT stocks are generally underused in global, and particularly South African investors’ portfolios as a return enhancing portfolio diversifier. To investigate this underutilisation and the benefits of listed real estate, there has been a growing number of robust research studies undertaken in the sector. 

 

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