WATCH: Delta Property Fund feels pain of rising interest rates
Business Day TV speaks to Delta Property Fund CEO Bongi Masinga
13 June 2023 - 20:49
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Delta Heights in Pretoria is owned by Delta Property Fund. Picture: SUPPLIED
Delta Property Fund has posted a near 70% slump in funds from operations, as it had to contend with rising interest rates, higher finance costs and increased vacancies. Business Day TV spoke to CEO Bongi Masinga for more detail on Delta’s annual results.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Delta Property Fund feels pain of rising interest rates
Business Day TV speaks to Delta Property Fund CEO Bongi Masinga
Delta Property Fund has posted a near 70% slump in funds from operations, as it had to contend with rising interest rates, higher finance costs and increased vacancies. Business Day TV spoke to CEO Bongi Masinga for more detail on Delta’s annual results.
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