Octodec Investments Ltd traded at 1,461.00 this Friday February 20th, increasing 11.00 or 0.76 percent since the previous trading session. Looking back, over the last four weeks, Octodec Investments gained 3.54 percent. Over the last 12 months, its price rose by 35.28 percent. Looking ahead, we forecast Octodec Investments Ltd to be priced at 1,421.99 by the end of this quarter and at 1,311.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Octodec Investments Limited is a South Africa-based real estate investment trust (REIT) with a portfolio consisting of residential, retail, office, and industrial properties situated in the main metropolitan areas of Tshwane and Johannesburg. The Company owns approximately 238 properties including the share in a joint venture with a gross lettable area of 1,528,961 square meters. The Company’s property portfolio includes Residential Space, Retail Space, Offices Space, and Industrial Space. The Residential Space portfolio includes The Fields, Leo’s Place, and Vuselela Place. The Fields property consists of approximately 766 apartments with 383 apartments converted into furnished accommodation to meet National Student Financial Aid Scheme (NSFAS) demand. The Retail Space includes Woodmead Value Mart, Waverley Plaza, and The Park. The Offices Space includes HealthConnect, Nzunza House, and Chambers on Mutual. The Industrial Space includes Sildale Park, The Tannery, and more.