Wednesday, 13 July 2011 02:00

Growthpoint to raise R1.5bn in equity issue

Property fund Growthpoint plans to raise about R1.5bn through the issue of new Growthpoint linked units.

Growthpoint Properties Limited (GRT) has issued a R500 million senior unsecured corporate bond issue of five-year maturity. 

Capital & Counties Properties says it has raised about GBP100.6m following the placing of its 62.1m new ordinary shares at 25 pence a share.

African Infrastructure Investment Fund 2 has announced its first close with unconditional commitments totalling $320m.

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