BULL’S EYE: Is property in SA properly condemned?

Business

BULL’S EYE: Is property in SA properly condemned?

Analysts say mergers are the only way to fix a moribund sector, but interest rates may matter more

Jeremy Thomas

It is a good thing we are born without the ability to fully recall pain – unpleasant memories, yes, but no actual sensation of past horrors.

That knowledge will give investors in the JSE property sector little comfort, having suffered a ghastly five years: they just want the present agony to be over. What are the chances?

Analysts say the only way property can recover is for landlords to hunker down in partnerships, with slimmed-down head offices that can get rid of the duds and milk the assets worth milking...

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