Subscribe & Follow
Trending
Show more
Advertise your job vacancies
Atlantic Leaf raises R373.9m through private placement
Mauritius-based property investment group Atlantic Leaf Properties said on Tuesday, 22 September, it had raised R373.9m following private placement with Vukile Property Fund.
Homebase, Brecon Enterprise Park
Through the Vukile placement and the supplementary placement, Atlantic Leaf successfully raised R373.9m through the placement of 17.23 million new Atlantic Leaf shares.
The proceeds raised from the Vukile placement and the supplementary placement would be used to fund the purchase of property opportunities identified by management and forming part of the company's acquisition pipeline, as well as to refinance debt facilities in place for the booker portfolio.
Source: INET BFA
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.zaRelated
A new era for Mall of Mthatha, formerly known as BT Ngebs City 7 Mar 2025 East Rand Mall welcomes Checkers FreshX 1 Oct 2024 How Vukile Property Fund attracts 220 million annual shopper visits 4 Sep 2024 Milestone as Growthpoint boosts Clur index 1 Aug 2024 Vukile says high debt costs deterring local investment 30 Nov 2023
