fairvest property hldgs-unit
Transactions by FAIRVEST PROPERTY HLDGS-UNIT (FVT) in the last 6 months
Fairvest Property Holdings Ltd. (JSE:FVT) entered into an agreement to acquire Middestad Centre and remaining extent of Mega Park from Redefine Properties Limited (JSE:RDF) for approximately ZAR 240 million in cash on March 17, 2015. The acquisition agreement provides for a purchase consideration of ZAR 229 million payable in cash on the transfer date. The consideration is subject to escalation for the period from January 15, 2015 up to and including the transfer date ...
Fairvest Property Holdings Ltd. (JSE:FVT) entered into an agreement to acquire Sibilo shopping centre from Purple Fountain Properties 132 (Pty) Ltd for ZAR 95 million on December 19, 2014. Fairvest will fund the purchase consideration through debt and/or equity funding. The transaction is subject to due diligence by Fairvest, approval by Board of Directors and investment committee of Fairvest, adequate funding having been secured by Fairvest from an acceptable financial ...
Fairvest Property Holdings Ltd. (JSE:FVT) entered into an agreement to acquire Cosmos Shopping Centre from Mobe Investments Proprietary Limited for ZAR 59 million in cash on October 23, 2014. The deal is subject to due diligence investigation, approval from investment committee and Board of Directors of Fairvest, appointment of Moolman Group to manage the property, approval from shareholders of Mobe Investments Proprietary Limited and all relevant approvals of Johannesburg ...
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