REITS
The cost of keeping SA Inc’s lights on
The electricity crisis is forcing Reits to spend millions helping shops, offices and factories avert business disruptions
16 February 2023 - 05:00
The JSE’s R220bn real estate investment trust (Reit) sector, whose earnings are already squeezed by higher debt funding costs, faces further pressure from relentless load-shedding.
The energy-intense commercial property sector finds itself in something of a Catch-22: fork out millions to help keep South Africa Inc running during outages, or risk losing tenants. ..
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