This week marks the start of what is likely to be the closing chapter in the spectacular rise and fall of Rebosis Property Fund, as the bidding process for its multibillion-rand portfolio starts.
It was the JSE’s first substantially black-owned real estate fund when it listed 12 years ago. After several last-ditch attempts to salvage the debt-ridden company, it was suspended and placed in business rescue in August 2022. ..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 TimesLive Premium.
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