Fairvest Property Holdings’ focus on being a specialised property group in one market has paid off, while other real estate investment trusts (Reits) have had a torrid time in the pandemic.

The company, which owns malls in townships and small towns — with a focus on serving lower LSM shoppers — couldn’t completely overcome the effects of Covid-19, but its distributable earnings per share for the year to June fell by only 3.4%, the group reported last Wednesday...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now