SA investors continue to bet on Eastern Europe as a hedge against an ever-weaker rand and bleak economy – despite the ongoing war.
It’s no secret that most South African companies’ forays into foreign territories have been less than successful. There is one notable exception: local real estate players’ push into Eastern Europe.
In fact, the expansion of JSE-listed property heavyweights into retail, office and logistics markets in the region has gone a long way to help prop up dwindling fortunes in local backyards. ..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 TimesLive Premium.
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