JSE-listed real estate investment trust Octodec Investments has withdrawn its guidance and diversified its sources of funding as it prepares for the fallout from the Covid-19 pandemic.

The group, which has properties in the Johannesburg and Tshwane city centres, said it has recently secured a new R225m loan facility with Absa and is bracing for the prospect that some businesses may not be able to pay rent...

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 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