Reit wheeling and dealing hots up
Property stocks have emerged from a prolonged downturn with shored-up balance sheets and renewed appetite for corporate action
22 August 2024 - 05:00
There’s been an interesting flurry of deal-making in the JSE’s real estate sector in recent weeks, which has bolstered the rebound in investor sentiment — and share prices.
This week, the South Africa-listed property index reached levels last seen in early March 2020, bringing the index’s rally since end-October to nearly 40%. ..
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