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In this episode of Ghost Wrap, I covered these important stories on the local market:

• NEPI Rockcastle just released record distributable earnings per share and Vukile easily raised R1 billion on the local market, so there’s demand for offshore property strategies and with good reason – in some cases at least.
• Italtile gives us a lot of insight into the start of the local economy and particularly the mindset of higher income earners.
• Bidcorp is doing a great job of building its global empire, but margin pressure in the UK is biting.
• Spar certainly has its challenges right now, but they seem far easier to overcome than what is happening at Pick n Pay.