In South Africa, we don’t do things by halves! While consumers and businesses in many countries are dealing with the dual global crises of Cost of Living and
Equites Property Fund interim HEPS down 64% cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.
In ‘a period of incredible turmoil and uncertainty.all of that economic uncertainty has really supported the trend and demand for logistics assets’: CFO Laila Razack – Equites Property Fund.
MONEYWEB
app instead?
Is this reaction linked to profit-taking or disappointment around the groupâs SA property devaluations? 00:01
Open:
Open:
Open:
Open:
Equites Park in Atlantic Hills, Cape Town. Image: Supplied
Logistics-focused Equites Property Fund is one of the only local real estate investment trusts (Reits) to pay out its full dividend and increase its distribution per share in the face of the Covid-19 crunch.
But its share price fell almost 6% on Tuesday, following the release of the fundâs annual results for the year ended February 28, 2021.
INSIDERGOLD
Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.