Ricus Reeders from PSG Wealth Sandton chose Sirius Real Estate as his stock pick of the day and Nesan Nair from Sasfin Securities chose Equinix.
Reeders said: “I think Sirius, as an owner of office retail but also a lot of industrial manufacturing type of properties and considering the way that they are as a company — cash flush, rental income, net asset value, all going up — can take advantage of lower prices right now and will benefit on that kind of rebound that’s bound to come in the next 12-18 months.”..
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