Rebosis Property Fund, the JSE’s first listed black-managed REIT, today reported its results for the year ended 31 August 2019.
Rebosis Property Fund is positioning itself for a rerating, which will attract larger investors and enable the company to join global indices.
There was very little in the way of positive news for investors in South Africa's listed property sector for the week ended 9 November 2013 and the US jobs report of last Friday has placed the sector firmly on the back foot.
Macquarie First South Securities property analyst Leon Allison says Rebosis’ share price performance has probably been held back by a potential overhang of stock.
Billion Group has launched the Rebosis Property Fund - a black-owned and managed property fund which will list on the JSE in December.
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