ABSA Bank has acquired full control of the management company of listed property company Ambit Properties for an undisclosed amount
The listed property loan stock company, Paramount Property Fund (Paraprop) has concluded a deal with Absa Bank, whereby Absa will subscribe for 17 537 000 Paraprop linked units with effect from September 1 2003.
AILING property specialist Jigsaw reported a sharp drop in earnings yesterday courtesy of what was a "disappointing and traumatic" trading period.
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