Investec Australia Property Fund announced a $26.0 million acquisition in one of Perth’s core industrial suburbs, taking the value of the Fund’s total portfolio to $405.5 million.
Redefine International, the London and JSE-listed diversified property fund, acquires a R10bn property portfolio in the UK as it aggressively builds up its asset base.
Global Credit Rating Co (GCR) yesterday announced that it upgraded the credit ratings assigned to the Investec Property Fund, to A(ZA) and A1(ZA) in the long and short term respectively.
Investec Property Fund (IPF) has agreed the acquisition of a portfolio of 26 properties for an aggregate acquisition value of R7.1 billion from best-of-breed developer Zenprop.
Capital raise proceeds to fund the recently announced Griffin acquisition.

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