Browsing Tag
Shoprite
2 posts
Dipula Properties (JSE: DIB) buys R2.04bn retail portfolio at implied 9.2% yield
The nine-property portfolio adds about 89,000 square metres and R188.3 million of disclosed net income, while a R1.1 billion placement funds more than half of the purchase consideration.
Shoprite (JSE: SHP) earnings could rise 14.7% as aggressive store expansion raises the next margin test
Shoprite expects annual earnings growth of up to 14.7% after exceeding its store rollout target, putting margins and investment returns under the spotlight.