Redefine confident about its balance sheet amid coronavirus outbreak
The group, which has logistics assets in Europe, says it believes its balance sheet is well positioned to withstand the viral outbreak’s disruption to trade
20 March 2020 - 08:15
Redefine Properties, one of SA’s biggest landlords, said on Friday it believed its balance sheet remained resilient even as the coronavirus pandemic closes malls and restricts trading activity.
The JSE’s property index has more than halved so far in 2020, amid fears of rising operating costs even as shoppers stay away from malls...
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