Blue-chip hardware firms expand retail presence

TIGERE Real Estate Investment Trust (REIT) says blue-chip hard­ware tenants are increasingly occu­pying retail space, driven largely by their role in the country’s construction boom. Major real estate funds are active­ly targeting top-tier retail brands such as Electrosales and TM Pick n Pay as stable, long-term blue-chip anchor tenants for commercial hardware and retail properties.…