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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: