Investec Australia Property Fund

November 3, 2019 - 4 months ago
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Technical outlook – Approaching this share from a technical perspective, with only given little information due to its age, has the potential to advance further as the technical outlook appears to be strengthening since the recent rejection from $1.48. Assessing the ‘Moving Average Convergence Divergence’ (MACD) along with the Relative strength index (RSI) now supports a bullish call to $1.60-70. Reassess from there.

Company Overview – Investec Australia Property Fund (IAP) is an Australian domiciled real estate investment trust that is registered in Australia under the Corporations Act 2001 as a managed investment scheme and regulated by the Australia Securities and Investments Commission. As the responsible entity of the Fund, Investec Property Limited has the primary responsibility for the governance and operation of the Fund. The Fund has been established to invest in quality commercial real estate (office, industrial and retail) that is well located in major metropolitan cities or established commercial precincts in Australia and New Zealand.

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