We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Nepi Rockcastle shareholders hoping that the Eastern European property arm will pay a cash dividend for the June reporting period will no doubt be sorely disappointed.

Like most mall owners worldwide, the JSE’s largest real estate investment trust (Reit) hasn’t been able to dodge the Covid-19 bullet. The company, which owns more than 50 shopping centres across nine Central and Eastern European (CEE) countries, last week reported its first loss ever as two-month lockdown-related store closures and rental concessions ate into profits...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.