“Investors should ride out the current period of volatility and adopt a three- to five-year view”

“If investors can look through the cycle, property stocks are likely to achieve a total return of around 13% / year on average over the next five years – barring any shocks.

“If you take a long-term view, there are benefits to investing in property  as it is different from other asset classes. It has low correlations to other asset classes, so there is a diversification benefit that it brings into your portfolio.”

“Prime retail assets continue to be defensive, and as we have seen in the wake of store closures from Stuttafords and Edcon, a shopping centre in a good location with high footfall has the ability to replace the tenant without significant impact to the centre”

“Apart from 2016, property has been the best performing asset class since 2002. This is no mean feat considering the ups and downs the local economy has experienced.  This demonstrates its resilience which is largely supported by the rental income growth.”

“Local property stocks are poised to benefit from the wave of positive sentiment that has swept across SA since the ANC’s December conference and the subsequent election of Cyril Ramaphosa as SA president”

“Let us not forget how local counters materially outperformed their offshore peers in 2016, leaving many investors on the wrong side.”

“Historically property has outperformed every traditional asset class and that has happened over longer periods like 10 and 15 years. Some investors have used the recent selloff as an opportunity to allocate more money to property”