June 05, 2024 08:21 GMT
Inditex Read Through For Retailer Property Names
REAL ESTATE
Inditex is rallying on positive Q2 outlook. The shares are at a 5yr high.(Zara, Pull & Bear, Stradivarius brands)
- Inditex sales are split: Europe (ex Spain) 48.7%; Spain 14.8%; America 19.6%; Asia & RoW 16.9%
- It is a bellwether for the sector.
- Inditex is rallying on positive Q2 outlook.
- The shares are at a 5yr high.(Zara, Pull & Bear, Stradivarius brands)
With retailers doing well names like Carmila, CityCon, Hammerson, Klepierre, Lar Espana, Mercialys, SCentre and Unibail-Rodamco will all do well.
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