Lagging dividend results reflect rising pressure on property market

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa Headlines News

Only two of the 17 listed property companies that announced financial results in the latest reporting period outperformed forecasts

After experiencing its worst year in two decades in 2018, the R565bn listed property sector has struggled to gain any sustainable momentum in 2019.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Calgro M3 to cut staff and projects as it swings into the redPressure on consumers and weak sales led to a 17% fall in revenue for the property developer Why ?
Source: BDliveSA - 🏆 12. / 63 Read more »

Windfall likely to help PSG reduce debt and spread its wingsInvestment group is anticipating a special dividend of up to R2bn from agribusiness subsidiary Zeder
Source: BDliveSA - 🏆 12. / 63 Read more »

From Limpopo to London: SABC property up for saleBroadcaster owned property in London and several towns in South Africa
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Top court’s ruling over Afrikaans at university reflects preference of most citizensAs the lingua franca of many sectors across the globe, the University of Stellenbosch is keeping up with the times by elevating its status By elevating a foreign language like English, the US is suppressing all 10 our indigenous languages and degrades it to second rate languages. The court must be aware that opening one door of home language as a medium of teaching should open doors for every student who might want to be taught in their language preferance. Imagine a profession having all students who speak official languages in a single class? The Concourt needs a copy of our Constitution and a lecture in Democracy and Minority Rights.
Source: BDliveSA - 🏆 12. / 63 Read more »

European stocks diverge at open, pound slidesIn initial trade, London's benchmark FTSE 100 shares index rose 0.3 percent at 7,172.00 points. This guy looks as goofy as trump tho 😌
Source: eNCA - 🏆 49. / 51 Read more »

What do we tell the kids? Children's TV struggles with LGBTQ charactersProgramme makers are struggling to better reflect the world young people are growing up in, with the first tentative steps to embrace non-traditional families and LGBTQ characters. Don't watch TV What about truth and facts Children are being lied to by adults & politicians. LGBTQUIAP+ is deviance & perversion not science & biology. Male XY. Female XX. DNA. Born that way. Stays that way. Human physiology & male & female accoutrements clear. Reproduction.
Source: eNCA - 🏆 49. / 51 Read more »