There’s a new Reit on the block
The conversion of Christo Wiese’s former UK property arm into a South Africa-based logistics Reit should pique more investor interest
12 January 2023 - 05:00
After a five-year restructuring process, 2023 will mark the beginning of a new — and likely more profitable — chapter for shareholders of Christo Wiese-backed Tradehold.
The company, which was formed more than 20 years ago to house the retail tycoon’s UK property interests, will be converted to a South Africa-focused real estate investment trust (Reit) shortly after the February financial year-end. ..
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