Moving ahead of bonds for the first time this year, the sector has reached a positive 6.3% year to date, outperforming the All-Bond Index at 4.2% and the All-Share Index at -3.0%.
In a month when the broader equity market fell, South African real estate investment trusts (REITs) delivered a total return of 4.2% in June 2026, moving ahead of both equities and bonds.
The All-Share Index returned -3.7% and the All-Bond Index returned 1.5%, leaving SA REITs comfortably in front for the month and completing a full recovery from a correction in March.
The sector is now positive by 6.3% year to date, ahead of both the All-Share Index at -3.0% and the All-Bond Index at 4.2%, having moved back in front of bonds for the first time this year.
A durable development lay beneath the headline return, with rolling 12-month distribution growth accelerating to 10.58% at the end of June from 9.40% a month earlier, according to the latest SA REIT Association Chart Book June 2026, compiled by Ian Anderson, head of listed property and portfolio manager at Merchant West Investments.
