Investec Property Fund buys two Belgian properties for R1.1bn
Distribution growth in six months to September underpinned by pan-European logistics platform
12 December 2019 - 11:01
UPDATED 12 December 2019 - 18:57
Investec Property Fund (IPF) is expanding further into Europe, buying two Belgian distribution warehouses as it finds better returns there than in SA.
The group said on Thursday that it would spend €70.4m (R1.1bn) on the assets.