Trematon reports subdued activity in Western Cape property market

📆 29-04-19 22:59:00
📰 BDliveSA

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 63%

Belgique Nouvelles Nouvelles

The investment company expects the property market to show subdued returns over the next 12 to 18 months

Trematon Investments, which is focused on the property and leisure markets in the Western Cape, expects the province’s real estate market to be subdued for as much as 18 months, as a number of new apartment buildings come on stream in the region.

The group reported on Monday that intrinsic net asset value per share rose 8% to R4.82 in the six months to end-February, representing a 38% discount to its share price. Independent analyst at Small Talk Daily Research, Anthony Clark, said Trematon’s portfolio may be less impressive than previously thought.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Nearly R3bn in investment raised for Cape Town, Western Cape in 2018/19This followed a successful fourth quarter in which more than R500 million in declared investments was secured.
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »