Research shows South African Reit payout ratios on par with international peers

The average payout ratio of South African Real Estate Investment Trusts (Reits) was 75.6% in 2023 and is expected to reach 78.4% this year. This compares well with the global average payout ratio of Reits, at 76%, says industry organisation the SA REIT Association. The average payout ratio by South African Reits has declined from 93.5% in 2019 to 75.6% in 2023, it points out.