MAS Real Estate resumes dividends as tenant sales rise 🔒
MAS Real Estate, which owns shopping centres in Central and East European countries such as Romania, Bulgaria and Poland, has resumed dividends after being encouraged by the resilience of its malls, particularly open-air ones.
MAS, valued at R13.1bn on the JSE, declared a €5.93c dividend for its year to end-June, about a €40m payout, saying tenants sales overall were 7% above prepandemic levels in CEE during the second half of the year...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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