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The country’s third-largest real estate investment trust singles out 2014 as “a milestone year” for its development team.
The past 10 months have been something of a mix for Texton Property Fund, with the firm’s shopping in the UK contrasted by pieces of negative news, including a falling stock and a worryingly high churn rate at the top.
New Europe Property Investment is a story is now synonymous with robust growth.
As if on cue, shares in the suitably named Resilient REIT roared, entrenching themselves in the pound seat, after the firm churned out yet another bumper set of earnings numbers.
Things at the country’s largest REIT by gross assets are not looking up. Growthpoint ended 2015 on a soft note after lopping off a fortune in investors’ funds. Figures from Catalyst Fund Managers are dispiriting from an investor’s angle.
While most of last year was a pleasing one for Hyprop shareholders, 2016 has begun on a poor note. In fact, 2015 ended with little good news from the marketplace, as the stock plunged after a months-long rally.
Tradehold steamed ahead to end October firmly in the black – extending an impressive run for the year, barring a few exceptions when it softened.