Investec Australia Property Fund raises R854m in new shares
The fund is expanding after listing on the main board of the Australian Stock Exchange
26 September 2019 - 18:52
It will be some time before capital raises return en masse to SA’s listed property sector with only a few funds attracting investors’ appetite, Craig Smith, head of research at Anchor Stockbrokers, has said.
Smith spoke after Investec Australia Property Fund (IAPF) successfully raised about R854m in new shares on Thursday...
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.