Fairvest ups stake in Dipula Income Fund
Fairvest says it has made good headway in restructuring its portfolio in the past three years towards becoming a retail-only Reit
29 November 2024 - 15:45
Fairvest, a shareholder in Dipula Income Fund since 2014, has increased its stake from 5% to 26.3%, the retail-focused real estate investment trust (Reit) said on Friday.
Fairvest raised R1bn to increase its stake in Dipula. Over the past 20 years, Dipula has shifted away from offices and focused on retail, with plans to continue growing its retail portfolio...
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