Rental growth lifts SA Corporate
Long-term leases in Gauteng properties drove growth for the six months to the end of June
03 July 2023 - 13:51
JSE-listed SA Corporate Real Estate’s industrial property portfolio recorded 2.2% like-for-like net profit income (NPI) for the six months ended June.
“The industrial property portfolio remains resilient with strong rental growth from escalating leases,” said CEO Rory Mackey during a pre-close presentation on Friday...
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.