Property share prices have come under renewed pressure in recent months as higher interest rates, a fragile economy and load-shedding start to eat into bricks-and-mortar profits again.
The JSE’s South African listed property index is down about 9% year to date, wiping out most of the gains achieved in the fourth quarter. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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