Rebosis Property Fund has announced that it has obtained overwhelming shareholder support to acquire two large, regionally dominant retail centres as well as the services companies from property developer Billion Group (Pty) Limited.
BIDDING was subdued at the Aucor multi-property sale in Rosebank on Wednesday, when a number of properties did not meet buyers’ expectations and were held over.
“It was the most bearish and conservative auction this year, resulting...
Growthpoint Properties said on Wednesday it had tabled a potential offer to acquire the remaining shares of Acucap Properties in a deal that will increase its exposure to retail assets.
Growthpoint said the proposed transaction would inc...