JSE gains yet another Reit as Castleview Property Fund lists

The Johannesburg Stock Exchange (JSE) on Thursday gained another real estate investment trust (Reit) under its AltX board, when Castleview Property Fund listed on its Retail Reits sector Castleview is now the twentieth company to list on the JSE this year. JSE capital markets director Donna Nemer noted that the introduction of Reits has not only brought South Africa in line with international best practice, but also helped to stimulate further growth and investor interest in listed property. …