Thursday, 20 July 2006 02:00

Pangbourne to buy 40% of Calulo

LISTED property loan stock company Pangbourne Properties announced yesterday it would acquire a 40,6% interest in fellow listed property stock Calulo Property Fund in a R140,3m deal.

Calulo Properties has successfully completed its acquisition of Annuity Property Fund and has changed the name of the company to Calulo Property Fund

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