5 year plan then glory on African Property Stocks

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The market capitalisation for the listed property sector in sub-Saharan Africa, excluding South Africa, is about $827m says Keillen Ndlovu. The market capitalisation for the listed property sector in sub-Saharan Africa, excluding South Africa, is about $827m says Keillen Ndlovu.

Investors should look at African property companies with a five year time horizon in mind according to Stanlib's head of listed property funds, Keillen Ndlovu.

Ndlovu launched an African property fund for investors which falls under the Stanlib banner and has exposure for retail investors to African properties.

Ndlovu's fund is gaining traction because realised various companies are buying or developing properties in Africa. Many of these are South African funds. His fund can gain exposure to these.

The interest in Africa comes not only from property companies, but also spreads to local banks, local construction companies,  property management companies, architects and local retailers.

Clearly, companies have realised that South Africa is still, despite its strong performing listed property market, only one medium sized country in among a massive continent.

He says that the market capitalisation for the listed property sector in sub-Saharan Africa, excluding South Africa, is about...

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