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 and the JSE’s biggest property stock, with a market cap of R66bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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A property pick for growth-starved puntersShoppers and tenants return to Eastern European malls with a vengeance, pushing operating income to record highs
Source: FinancialMail - 🏆 20. / 63 Read more »