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Mall of Africa owner Attacq declares no dividend, but will retain Reit status

Mall of Africa owner Attacq declares no dividend, but will retain Reit status
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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Public Investment Corporation Buys New Deloitte Building in Gauteng

Public Investment Corporation Buys New Deloitte Building in Gauteng
Posted on 05/07/2021
South Africa’s Public Investment Corporation (PIC) acquired an office building in Waterfall City in Midrand, Gauteng. The asset was acquired on behalf of the Government Employees Pension Fund (GEPF). The building’s anchor tenant is Deloitte and it was completed in 2020. The building is 42,500 square meters and is right on the Allandale interchange of the N1 highway. The Gauteng office premises consist of a ground floor with six stories of offices and four basement parking levels including nearly 2,000 parking bays.
PIC is paying 1.7 billion ZAR for the building. The sellers are property companies JSE-listed real estate capital growth fund Attacq Limited (Waterfall Investment Company) and Atterbury Property (Dale Creek Investments), which each owned a 50% stake in the building via subsidiaries. ....

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HYPROP INVESTMENTS LIMITED – Update on disposal of Ikeja City Mall - SENS

HYPROP INVESTMENTS LIMITED
(Registration number 1987/005284/06)
JSE share code: HYP ISIN: ZAE000190724
JSE bond issuer code: HYPI
(Approved as a REIT by the JSE)
(‘Hyprop’)
UPDATE ON DISPOSAL OF IKEJA CITY MALL
Shareholders are referred to the announcement released on SENS on 9 November 2020 wherein shareholders were
advised that Hyprop Investments (Mauritius) Limited (a wholly owned subsidiary of Hyprop) and AIH International
Limited (a wholly owned subsidiary of Attacq Limited) (collectively the ‘Sellers’) had concluded an agreement (‘SPA’)
to dispose of their indirect shareholding and shareholder loans in Gruppo Investment Nigeria Limited, which owns Ikeja
City Mall, Nigeria (the ‘property’), to AIH No 6 Limited (which will assign its rights and novate its obligations in ....

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