Equites CEO on COVID-19 impact on business

Equites Property Fund recently announced a growth in its final dividend despite the challenging economic times many companies are facing due to the COVID-19 pandemic. The company declared a final dividend of 151.39 cents per share, indicating a 9% increase from the previous year. Moreover, Equites has also experienced growth in its headline earnings per share and net asset value for the financial year. Andrea Taverna-Turisan, CEO of Equites Property Fund, joined CNBC Africa to discuss the company's performance and strategies. Taverna-Turisan highlighted the resilience of Equites during these difficult times. Despite the impact of the pandemic on various sectors, Equites has managed to navigate through the challenges and deliver positive results for its shareholders. The company's focus on strategic planning and prudent decision-making has led to a steady growth trajectory. One key point from the interview was Taverna-Turisan's emphasis on the importance of agility and adaptability in the current business landscape. With changing consumer behavior and market dynamics, companies need to be quick to respond and pivot their strategies to remain relevant and competitive. Equites' ability to stay nimble and adjust its operations accordingly has been a crucial factor in its success. Another important aspect discussed during the interview was the significance of financial stability and liquidity. Taverna-Turisan highlighted the importance of maintaining a strong financial position, especially during uncertain times. Equites' focus on prudent financial management and cash flow optimization has helped the company weather the storm and continue to thrive amidst the challenging economic environment. The CEO also addressed the topic of innovation and sustainability in the business landscape. Equites has been proactive in exploring innovative solutions and sustainable practices to drive long-term value creation. By integrating environmental, social, and governance (ESG) principles into its operations, Equites aims to enhance its overall performance and create a positive impact on society. In conclusion, the resilience and strategic foresight displayed by Equites Property Fund have been instrumental in its ability to overcome the challenges brought about by the COVID-19 pandemic. By focusing on agility, financial stability, innovation, and sustainability, Equites has positioned itself as a key player in the real estate sector. The company's commitment to delivering value to its shareholders while prioritizing responsible business practices underscores its dedication to long-term success.