Purchase of 10 Industrial Properties at JHB airport

Office, Retail, Industrial, Hotels and Residential

Posted On Wednesday, 07 March 2001 03:01 Published by eProperty News

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MARRIOTT Property Fund has acquired a portfolio of industrial properties from unlisted property developer Improvon Developments for R64,25m.

MARRIOTT Property Fund has acquired a portfolio of industrial properties from unlisted property developer Improvon Developments for R64,25m.
The 10 newly acquired properties are in the Johannesburg Airport node. The fund's cautionary announcement of February 12 has been lifted following closure of the deal.

Publisher: Business Day
Source: Business Day

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