RPA to manage new Ingenuity properties
Rabie Property Administrators (RPA) is to retain the management of nine prime Cape Town properties Ingenuity Property Group is acquiring in a R866m deal from the privately held Century City Property Investment Trust (CCPIT). JSE- listed property investment and development company, Ingenuity, announced last week that all the conditions for the acquisition had been fulfilled […]
Ingenuity acquires 9 prime Cape Town properties for R866m
Western Cape-based, JSE- listed property investment and development company, Ingenuity Property Investments Ltd, is acquiring nine additional prime Cape Town properties for a total consideration of around R866million. Transfer is expected on 1 September 2013. These fully tenanted retail and commercial properties include five buildings in Century City, two in Claremont and two in Tokai […]
