Fleeing the Eastern Reits

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Fleeing the Eastern Reits
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Risk-averse investors could switch to Western European property, which bodes well for Lighthouse shares.

Investors spooked by events in Eastern Europe should take a fresh look at Lighthouse Properties, which has made impressive headway to bulk up its Western European assets.

This month the company announced its entry into Spain where it has splurged €162.5m to buy the 62,000m² Centro Comercial Torrecárdenas mall in the coastal city of Almeria...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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FinancialMail /  🏆 20. in ZA

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