Investec Property Fund counts on Europe PEL as Covid-19 weighs on SA portfolio
Its pan-European logistics platform is expected to rise due to strong leasing activity
19 March 2021 - 17:56
Investec Property Fund (IPF) is counting on its fast-growing logistics business in Europe to pick up the slack after the fallout of Covid-19 hurt its diversified commercial property portfolio in SA.
The acceleration in the adoption of e-commerce as consumers — wary of contracting the coronavirus — choose to buy online is boosting demand for warehouses and logistics...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.