Balwin’s share price jumps after Mooikloof Mega City launch

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Balwin’s share price jumps after Mooikloof Mega City launch 🔒

Balwin Properties’ share price jumped by nearly a fifth on Monday, the day after the group launched the largest sectional title development in SA's history.

The company is SA’s biggest developer of sectional title houses, the majority of which it builds to sell. In recent years the group has launched a rental business and started to build lower-priced product so that it can diversify its income streams.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 Sunday Times Daily.

 

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It had to jump obviously, good score for them 🤗

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