Botswana bourse-listed RDC Properties acquires Tower Property Fund

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Target company, which owns retail, office and industrial properties in SA and Croatia, will delist from the JSE at end-December

RDC Properties, an investment company listed on the Botswana Stock Exchange, has acquired real estate investment trust Tower Property Fund in a deal that will cause Tower to delist its shares on the JSE at end-December.

Tower owns 40 convenience retail, office and industrial properties valued at R4bn in SA and Croatia...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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