Texton to invest R75.5m in asset acquisitions in the US

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The company is targeting multifamily assets which provide stable income-generating returns 🔒

JSE-listed Texton Property Fund will invest $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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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