The PKM Developments new shopping centre, The Roman, in the city of Roman, Romania. Picture: MAS REAL ESTATE
Daniel King, research analyst at Avior Capital Markets said MAS’s share price “rally [on Thursday] represents a recovery of material losses over the past two weeks. We believe that the transaction will more closely align all stakeholder interests”. The company’s share price rose 19.07% to close at R18.73 on Thursday, having fallen 24.15% so far in 2019. The JSE’s property index has fallen 4.59% so far in 2019.