Acucap Properties REIT status application approved

Posted On Saturday, 03 August 2013 00:19 Published by eProp Commercial Property News
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Acucap Properties Reit Status application approved


Linked unitholders are advised that Acucap's application to the JSE Limited ("JSE") for Real Estate Investment Trust ("REIT") status has been approved by the JSE.

Accordingly Acucap qualifies as a REIT with effect from the commencement of its current financial year, being 1 April 2013.

Acucap Properties Limited carries on the business of a property holding company through the ownership of investment properties by its wholly owned subsidiaries.

Acucap maintains a commitment to transparency and quality in disclosure and communication. It's our hope that this website serves as a useful point of reference – not only on matters directly concerning Acucap and its unit holders but also on the property market in general.

Last modified on Thursday, 17 April 2014 12:35

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