PROPERTY loan stock company Arnold Property Fund (A-Prop) said yesterday that it had entered into negotiations to acquire a portfolio of properties worth in the region of R312m from Momentum Property Investments.
Arnold Property Fund is set to be restructured by its fund managers in an attempt to resuscitate the ailing property loan stock company.
Investors can expect property loan stock company Arnold Property Fund's (A-Prop's) earnings to drop by at least 50% this financial year, says listed property asset management company Provest.

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