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Growthpoint Properties’ quest to build a R10bn real estate fund that invests exclusively in hospitals, medical facilities and research laboratories is poised for a big shot in the arm. SA’s first such fund is in talks to secure R1.4bn from the International Finance Corp (IFC).

Growthpoint, which is also the JSE’s largest SA-based property play, launched its health-care real estate investment trust (Reit) just over two years ago with assets of close to R2.2bn...

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