Home Real Estate Poland-based Globe Trade Centre to pay regular dividends

Poland-based Globe Trade Centre to pay regular dividends

by Jonathan Adams

Poland-based real estate group Globe Trade Centre (GTC), which develops and manages properties in eastern Europe, has decided to pay regular dividends, thanks to a better than expected performance since listing in August 2016.

South African investors have wanted the group to pay dividends; having been concerned it held too much risk as a pure net asset value (NAV) play.

The company has seen strong NAV and net profit growth in its portfolio in recent months. It listed with the intention of attracting South African investors who wanted to invest in a currency hedge stock.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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