Stenprop Limited, listed on the JSE’s Main Board and the Bermuda Stock Exchange, announced today that it reached agreement to acquire a portfolio of multi-let industrial (MLI) properties as well as the management business that has built up and managed that portfolio, C2 Capital Limited, for a combined consideration that values the two businesses at £130.5 million.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.