Lighthouse Capital, formerly known as Greenbay Properties, returned €600m (R9.8bn) of capital to shareholders in the year to September, as it divested from most of its infrastructure fund and concessions investments. The group has established itself as a fund that focuses on owning properties directly.

At the end of its financial year to September, about 80.6% of Lighthouse’s investments were directly held and the rest were in listed securities. ..

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