Financial Mail: Equites – still riding the e-tail wave

Equites, the JSE’s only specialist logistics Real Estate Investment Trust (Reit), continues to deliver the goods.The warehouse and distribution centre developer is one of only a handful of SA property stocks that can still afford to pay a dividend. Most other Reits are expected to postpone dividends and hold on to their cash instead, as potential losses from Covid-19 lockdown-induced rental holidays, tenant defaults and bankruptcies start to mount. Metope Investment Analyst Kelly Ward comments.

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