Growthpoint’s bid to buy into UK mall owner
Investors are starting to cash in on British property bargains, with Growthpoint leading the way
31 October 2019 - 05:00
Six months ago, few property punters were prepared to take a gamble on UK-focused real estate investment trusts (Reits).
Not even die-hard value-chasers seemed to find UK property stocks a buying proposition, despite many counters trading at 10-year lows and discounts to NAV north of 60%...
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