Why Poland is still hot property
South African investors continue to bet on Eastern Europe as a hedge against an ever-weaker rand and bleak economy — despite tighter consumer spending in the region and the ongoing war
22 June 2023 - 05:00
It’s no secret that most South African companies’ forays into foreign territories have been less than successful. There is one notable exception: local real estate players’ push into Eastern Europe.
In fact, the expansion of JSE-listed property heavyweights into retail, office and logistics markets in the region has gone a long way to help prop up dwindling fortunes in local backyards. ..
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