Delta Property Fund and Rebosis Property Fund, the two black-owned real estate companies which announced in August that they intend to merge to create a company with R29bn of assets, say their marriage has been agreed in principle by key shareholders.
Only a handful of black-owned and managed property funds trade on the JSE, including Rebosis, Delta and Dipula Income Fund.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
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