Investec Property Fund (IPF) has acquired an additional 23% interest in the Investec Argo Property Fund (UK Fund) for GBP25 million, increasing its shareholding to 33% and its total investment in the UK Fund to GBP36.7 million.

Investec Property Fund Limited is pleased to announce a final dividend of 73.51 cents per share (cps) for the six months ended 31 March 2019.

The transaction is complementary to the Fund’s existing investment into the European logistics sector.

Nick Riley to assume broader leadership role within Investec Bank Limited (“IBL”), with Andrew Wooler and Darryl Mayers taking over as joint CEOs of the Property Fund, effective 1 December

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