Inospace, SA’s largest owner of serviced logistics parks, has bought an empty industrial building in Edenvale, east of Johannesburg, for R33.5m from listed real estate investment trust Accelerate Property Fund.
The company sees growth opportunities in Cape Town and Johannesburg where it has been buying and converting older industrial buildings into secure serviced logistics parks...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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