eople who want to preserve their savings and who cannot afford to buy real estate, Director of Capital Markets at FFA Private Bank. “The demand for Solidere’s shares was driven by local investors who were keen to find alternative investment for their trapped deposits. The share price is now consolidating at around $16, its highest level since 2011,” Barbir said. “Solidere share is a proxy for real estate assets and is more liquid than these assets. In addition to that the company has sold many plots of land and has closed its debt,” he said
Investing in real estate shares
Nov 30, 2020
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