Property owner EPP plans to raise R1.2bn by issuing shares

EPP, headed by Hadley Dean, plans to raise R1.2bn by selling new shares in Johannesburg and Luxembourg. Picture: FREDDY MAVUNDA

“The equity raise is being undertaken in part to facilitate the introduction of a significant new equity investor that has committed to investing, through its participation in the bookbuild, at least €75m into EPP,” the group said.

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