Equites faces first capital constraints since listing in 2014
Buyers line up for its UK stake, but Equites says it will sell only if offer maximises shareholder value
09 May 2023 - 11:23
UPDATED 09 May 2023 - 19:54
Equites Property Fund, specialist owner and developer of prime logistics assets, is selling its UK development business as it has become difficult to raise capital to fund the development pipeline in the present environment.
Equites owns logistics assets in SA and the UK, with nearly a fifth of total revenue being generated abroad...
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