Atlantic Leaf Properties‚ which will list on the JSE's AltX on Friday‚ said last Friday it had raised £10m (R175m) by issuing 10-million shares at £1 a share.
The proceeds raised from the private placement bring the total capital raised for the listing to £15.293m.
The Mauritius-based and listed company said last month that its strategy was to invest in listed and unlisted real-estate companies‚ as well as in its own portfolio of fixed-property assets.