The CEO of property group Equites Property Fund, which has seen its share price lose nearly a fifth of its value in 2020, says the company is a victim of circumstance because it has been grouped with other non-performing stocks.
The real estate investment trust , which listed six years ago, has grown its portfolio from 17 high-end logistics warehouse properties worth R1bn at listing to more than 50 properties worth R13.5bn and has expanded into the UK, where nearly 40% of its assets are.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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