MAS Real Estate targets 15% distribution growth in 2019

Despite heated property markets fuelled by liquidity and owners and developers eager to dispose of over-rented properties at prices that are high by historical standards Mas believes its distribution growth target of 15 per cent for the 2019 financial year is appropriate. This exceeds both Growthpoint and Hyprop’s forecast. Joining CNBC Africa to discuss the investment case for a property group whose focus is on acquiring retail, office, industrial, logistics and hotel assets in western, central and eastern Europe is MAS CEO, Morné Wilken.

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