Equites’ UK development business takes flight
Equites, which listed in 2014, says its partnership with UK property investor Newlands is enabling it to grow rapidly abroad
03 February 2021 - 17:54
Equites Property Fund, the only industrial specialist landlord listed on the JSE, is selling two of its UK assets so that it can fund its £115m (R2.34bn) development pipeline in the region.
UK exposure helps to diversify the group against risk including rand volatility. Equites has historically built high-end distribution warehouses in SA to specifications, which it says are best-in-house...
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