REITS
A property pick for growth-starved punters
Shoppers and tenants return to Eastern European malls with a vengeance, pushing operating income to record highs
02 March 2023 - 05:00
Should South African investors, who have had something of an on-again, off-again relationship with Eastern Europe, still be exposed to the region’s real estate market?
It certainly seems so, given the stellar set of results released last week by Nepi Rockcastle — the largest mall owner in Central and Eastern Europe (CEE) and the JSE’s biggest property stock, with a market cap of R66bn...
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