After seeing peers burnt in the Brexit turmoil, SA’s largest real estate group Growthpoint Properties is taking a bet on a UK recovery.
The group has entered talks to buy Capital & Regional, a property company with retail exposure to convenience centres in smaller towns and cities including Blackburn, Hemel Hempstead, Ilford, Luton and Maidstone.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.