It says the acquisition would complement its retail portfolio and position as a leading retail REIT in South Africa.
Property group Vukile said on Monday it had concluded a deal to acquire three rental enterprises comprising Mdantsane City shopping centre, Bloed Street Mall, and Sunnypark shopping centre from Rebosis Property.
The rental enterprise includes the immovable properties, land, and buildings together with all movable assets, fixed assets, and installed assets.
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