COMPANY COMMENT
No property hook-ups in Covid-19 dry spell
Most listed property funds are playing it coy, wary of consolidation in uncertain times
08 June 2020 - 16:33
Hopes of marriages among listed property funds may have been dashed by the Covid-19 pandemic making it difficult for real estate managers to meet and to do a thorough due diligence on a property.
There were suggestions that weak economic growth, a lack of new businesses demanding new office and retail space, and some companies being unable to operate in lockdown, could create the conditions needed for consolidation. ..
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