TheScreener - Equites Property Fund (1933) EQUITES PROPERTY sees an upgrade to Positive due to a better fundamental star rating

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EQUITES PROPERTY sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of EQUITES PROPERTY (ZA), a company active in the Real Estate Holding & Development industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date March 25, 2022, the closing price was ZAR 22.14 and its potential was estimated at ZAR 24.02.

26/03/2022 1 EN

Underlying

Equites Property Fund

Equites Property Fund Limited is a real estate investment trust. The Company is engaged in the investment in and development of commercial properties in the industrial sector. The Company operates through three segments: Industrial, Office and Non-property (corporate). The Industrial and Office segments derive their revenue primarily from rental income from leases. All treasury functions, corporate costs and other expenses that are not specifically attributable to individual properties, are included in the Non-property segment. The Company controls approximately 40 hectares of industrial land in Gauteng and Cape Town on which it has a contracted pipeline, including distribution centers for Puma South Africa and Rohlig-Grindrod. It owns buildings totaling approximately 286,260 square meters gross lettable area. Its properties include Execujet Hangar, Caudwell Marine, Belvedere, Kuehne & Nagel, Equity Park, Formscaff, Printers Way and Esco Warehouse.

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ZAE000188843 Johannesburg Stock Exchange South Africa

Provider

TheScreener

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theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.

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EQUITES PROPERTY sees an upgrade to Positive due to a better fundamental star rating

Empowering Investors

Equites Property Fund Ltd: 1 director sold

Equites Property Fund | Equites pre-close luncheon notes

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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