Investec Property Fund counts on Europe PEL as Covid-19 weighs on SA portfolio

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Its pan-European logistics platform is expected to rise due to strong leasing activity

Investec Property Fund is counting on its fast-growing logistics business in Europe to pick up the slack after the fallout of Covid-19 hurt its diversified commercial property portfolio in SA.

The acceleration in the adoption of e-commerce as consumers — wary of contracting the coronavirus — choose to buy online is boosting demand for warehouses and logistics...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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