Resilient Income Fund has acquired the remaining 50% of The Grove not already owned by it for R356.4 million.
The Grove is a 40,709 square metre mall situated in Equestria, Pretoria. Resilient acquired the mall at an 8.25% capitalisation rate.
Resilient Income Fund has acquired the remaining 50% of The Grove not already owned by it for R356.4m at at an 8.25% capitalisation rate.
Resilient Income Fund has acquired the remaining 50% of The Grove not already owned by it for R356.4 million.
The Grove is a 40,709 square metre mall situated in Equestria, Pretoria. Resilient acquired the mall at an 8.25% capitalisation rate.