Research conducted over the past two decades consistently demonstrates that listed Real Estate can act as as a return enhancer with superior risk-adjusted returns for investment portfolios.
This year, listed real estate abroad has known few boundaries. Not only did it kick dust in the eyes of SA property players, but its returns were also in excess of all international equity sectors and the bond markets. Indeed, a top portfolio performer. But not all shares are as safe as houses and the picking process runs deep. However, it hits the spot when you get it right, and if the rand is weak, the deal gets even sweeter. Click here to download full article (Source: The Daily Maverick)
Market PerformanceGlobal real estate, as measured by the GPR 250 REIT World Index, produced a total return of 14.55% in US dollar terms for the quarter ending 31 March 2019. This is the best start to a year the index has achieved since 1993. Oceania (16.11%) and Americas (15.87%) led the charge while Asia delivered just shy of 10% for the reporting period. Africa (-0.47%) was the only continental carve out to record a loss during the first quarter.
This video “Where is the Physical Internet?” is a 9+ minute walk-through of Equinix’s NY5 facility that includes insight into the physical infrastructure that is responsible for securing, cooling/powering, and connecting the modern data center. The video is primarily meant to be a tool for Portfolio Managers and others interested in learning more about where/how digital content is stored/computed. Click here to download full article (Source: Cowen and Company)
Raymond James We are maintaining our more constructive view for the REITs versus the broader market but note that the REIT index is up 12% YTD, and since interest rates peaked last October, the REIT index has outperformed the S&P 500 by 1,100-1,200 bp.
Reitway Global (Pty) Ltd has announced the appointment of Garreth Elston to the position of Chief Investment Officer (CIO) with effect 1 March 2019. He will be taking over from Greg Rawlins, who has had the dual responsibility of CIO and CEO since the inception of the company in 2012. Greg will remain a member of the investment committee whilst focusing on his primary role as CEO.
Many high-net-worth South Africans with offshore assets make use of offshore companies, trusts or other entities to house their assets. They are likely now to be forced to review their offshore structures, including even the most standard ones, in light of a new rising tide in the form of the so-called EU Economic Substance Requirements, which have been translated into legislation with effect from 1 January 2019. Click here to download full article (Source: MoneyWeb)
Investing in REITs helps returns in a diversified portfolio in several ways. Most importantly, REITs have delivered a long-term total return to investors that generally matches and often beats broad market aggregates. For example, the compound annual total return on the FTSE-Nareit All Equity REITs index in the 25 years through January, 2019, was 10.3 percent, one full percentage point higher than the total return on the S&P 500 over the same period. Click here to download full article (Source: Nareit)