Texton to invest R75.5m in asset acquisitions in the US
The company is targeting multifamily assets which provide stable income-generating returns
JSE-listed Texton Property Fund will invest $5m (R75.5m) into acquiring multifamily assets, select industrial, office and hotel investments in the US over a three-year period.
A multifamily asset is a residential property with more than one housing unit: duplexes, townhouses and apartment complexes are good examples of these properties...
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.