Transcend looks to move to the main board of JSE by end of year
Residential property fund wants to get access to a wider array of investors
25 August 2019 - 17:50
Transcend, the specialised residential property fund, is hoping to move to the main board of the JSE by the end of 2019 in a move that will increase its exposure to institutional investors.
The company, which owns 23 buildings containing 4,767 rental units worth R2.8bn, says the depth of its property management will make it stand out among other companies that are trying to expand into residential property while the retail and office sectors struggle. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.