Emira Property Fund continues to advance its conservative approach to funding, which underpins its agile approach to market opportunities.

Growthpoint Properties Australia, a publicly traded ASX listed A-REIT (ASX:GOZ), has agreed to acquire A-Grade Canberra office buildings, 100% leased to the Commonwealth Government. It’s portfolio value has more than doubled over the last three years, from 24 properties valued at AU$662 million in June 2009, to 41 properties worth AU$1,6 billion (approximately ZAR13,5 billion) as a result of these transactions which incude a diversification from both a location and sector perspective