JSE-listed UK owner of industrial parks Stenprop needs two years to improve its business and liquidity issues or risk becoming a takeover target from larger UK companies, according to a fund manager. 

Over the past five years, overseas real estate companies have flooded the JSE in search of capital, as South African investors have been eager to get their money offshore where they perceive returns will be better.

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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