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Listed property company Tradehold (JSE:TDH) has completed its acquisition of the Collins Group, with the purchase of the Collins Group’s South African property portfolio, as well as its property development and management business.
In the six months to August, Tradehold maintained the strong expansion momentum begun last year, growing the value of its investment properties by 48.8% to £179.0m (R3.8bn).
New appointment to the board of Directors.
Tradehold says work has started on its R480m regional shopping centre, which is located in the harbour town of Walvis Bay, Namibia.