Market Wrap - Stock Pick — Nepi Rockcastle

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Grant Gilburt from Nedbank Private Wealth chose Nepi Rockcastle as his stock pick of the day.

"So given the elevated international equity markets, my concerns are on the local economy and I'm going for Nepi Rockcastle. A retail REIT, focused predominantly Romania and Poland. It's giving you a 7.5% in Euro and it should grow at 6%. Given all the uncertainties in the world, I think this is a safe place to be."
10 Dec 2019 1AM English South Africa Business · Business News

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