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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.

Property hybrid Tradehold makes a big play for local property by acquiring the R6.2bn South African portfolio of the Collins Property Group.

Tradehold says work has started on its R480m regional shopping centre, which is located in the harbour town of Walvis Bay, Namibia.

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