The JSE’s only logistics specialist, Equites, has reported a 9.3% rise in its interim distribution per share to about 75c — largely driven by strong like-for-like rental growth of 7.3% as well as healthy margins from new developments.
For the full year, the group is eyeing a jump of up to 10% in distribution per share.
Business Day TV caught up with Equites CEO Andrea Taverna-Turisan to talk about what is fuelling the company’s growth outlook.
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