Fairvest (FTB) is a real estate investment trust (REIT) which specialises in investing in smaller rural and non-urban shopping centers that are focused on consumers who have a lower living standard measure (LSM). It has 134 properties valued at R12bn. This is broken down as 67% retail, 23% office and 10% industrial. It also owns 60,9% of Indluplace (ILU) and 5,1%...