JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.

Indluplace Properties Limited, the JSE’s first residential focused REIT, today announced their Interim Results for the six months ended 31 March 2016.

Indluplace Properties Limited, the JSE’s first focused residential REIT, has acquired a residential portfolio from Connaught Properties for R420 million.

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