OFM The OFM Business Hour

Not all REITs suffered at the hands of Covid-19

Loading player...
Not all Real Investment Trust shares took a knock as a result of the Coronavirus pandemic and some suffered more than others. This is according to the CEO of Galetti Corporate Real Estate, John Jack who sat down with the Business Hour to discuss what Reits are and to delve into the strategies that are being devised to counter the challenging housing market. Jack explains that Reits are companies that own, operate or finance income-producing properties. Those that own office property for instance were hit hard as remote working came into play during the harder lockdown levels, but this wasn’t the case for all Reits.
28 Apr 2021 1PM English South Africa Business · Daily News

Other recent episodes

Capitec Bank soars high with 23% increase in headline earnings

Capitec Bank has reported a strong performance, with headline earnings climbing 23% to R16.8 billion for the financial year ending February 2026. The growth was largely driven by double-digit gains in interest income, supported by improved interest rates in 2025. Group CEO Graham Lee remains optimistic the bank can sustain…
23 Apr 6AM 4 min

Standard Bank fosters partnerships in fight against FMD, gears up for Nampo

Brendan Jacobs, Head of Agribusiness at Standard Bank Business and Commercial Banking South Africa, unpacks the bank’s partnerships with Clover and the Milk Producers’ Organisation in tackling foot-and-mouth disease. He also shares what to expect from their presence at Grain SA’s upcoming Nampo trade show, with a strong focus on…
15 Apr 6AM 6 min
All episodes