Rockcastle Global Real Estate Company Limited accelerated book build to raise R1bn

Posted On Tuesday, 01 September 2015 15:13 Published by
Rate this item
(0 votes)

Rockcastle Global Real Estate Company Limited accelerated book build to raise R1bn.


Rockcastle announces an equity raising of approximately ZAR1 billion through the issue of new ordinary shares.

The equity raise is subject to the requirements of the Company’s Constitution, the Listings Requirements of the JSE and the Listing Rules of the Stock Exchange of Mauritius Ltd.

The equity raised will be utilised to fund acquisitions, including the recently announced acquisitions of the Karolinka Shopping Centre in Opole and the Pogoria Shopping Centre in Dabrowa Gornicza, both situated within Poland.

The equity raise will be offered to qualifying investors through an accelerated book build process conducted on the JSE and SEM. 

Last modified on Tuesday, 01 September 2015 15:51

Most Popular

Repo rate unchanged at 3.5%

Mar 25, 2021
The Monetary Policy Committee has decided against altering the repo rate, deciding to…

SA property visionary John Rabie announces new global property joint venture

Mar 15, 2021
Capital, the Geneva based property investment, development and asset management-business,…

Court finds against EAAB in battle for FFCs

Mar 16, 2021
Tony C
In a scathing judgement handed down from the High Court on 15 March, the failure of the…

Social housing project launched in the Western Cape

Mar 12, 2021
The National and Western Cape Department of Human Settlements, together with its agency,…

KZN residential property market poised for upswing

Mar 15, 2021
Over the past three years, the KwaZulu Natal (KZN) property market has enjoyed…

Please publish modules in offcanvas position.