Pivotal Property Fund announces its intention to raise R1bn through the private placement of 58,823,529 shares at an issue price of R17 per private placement share.
MAS Real Estate is to raise R1.52bn (about EUR100m) by way of a private placement of 96.7-million shares at R15.75‚ or EUR1.035‚ per share‚ it said on Monday.

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