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Resilient Property Income Fund acquires remaining 50% of The Grove

By Resilient 2011-06-22 19:06:00  
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Resilient Income Fund has acquired the remaining 50% of The Grove not already owned by it for R356.4m at at an 8.25% capitalisation rate.

The Grove is a 40,709 square metre mall situated in Equestria, Pretoria. Resilient acquired the mall at an 8.25% capitalisation rate. 


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