Listed property yields weaken as equities firm.

Byline: Thabang Mokopanele

Listed property yields weaken as equities firm Capital value appreciation expected in the long term but next 12 months 'slow' THABANG MOKOPANELE Property Correspondent THE SA listed property index recorded a total return of -2,98% last month, with an improvement in investor risk appetite resulting in equities outperforming property as an asset class.

Catalyst Fund Managers' monthly over-view released yesterday showed the property loan stock index and property unit trust index recorded total returns of -3,77% and -0,72%, respectively, over the same period. The capital markets weakened during the month with the yield to maturity on RSA Long …