Metope In The News

Moneyweb: Attacq’s flagship Mall of Africa devalued by over R1bn in 2020

JSE-listed Attacq’s trophy property asset and South Africa’s sixth largest shopping centre, Mall of Africa, took a valuation hit of over R1 billion in 2020 - highlighting how mega mall owners are being impacted by the ongoing Covid-19 financial crunch globally. However, Attacq's incoming CEO, Jackie van Niekerk, anticipates that valuations will recover in time. Metope Investment Analyst Kelly Ward comments

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Financial Mail: Fairvest sticks to its script, profitably

Fairvest Property is one of a handful of SA real estate investment trusts (Reits) whose share prices are already back at pre-Covid levels. Results from the small-cap mall owner show that a number of trading metrics in its R3.425bn portfolio are moving in the opposite direction to those of most of its JSE-listed peers. Metope Investment Analyst Kelly Ward comments

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