REITS
Is Equites a worthy recovery play?
Sentiment is finally on the mend after its UK foray went south, but it remains to be seen how much upside the former market darling offers
23 May 2024 - 05:00
It appears that Equites Property Fund, the JSE’s only pure logistics play, is back on investor radars after a two-year hiatus.
The share price is up more than 10% this month, having breached R13 last week. That comes after the stock slumped 55% from its R23 peak in January 2022 to a record low of R10 in mid-2023. ..
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