Monday, 22 September 2003 02:00

Acucap to use own cash for mall

Property loan stock company Acucap Properties will not issue any paper to acquire a R220m retail shopping mall turnkey development in Kempton Park because the listed property sector has shown a downward correction.

PROPERTY investment group Hyprop has scooped The Mall of Rosebank and JHI House, beating two other contenders to the two jewels in the portfolio of property unit trust Cenprop.

Thursday, 09 January 2003 10:01

Acucap keeps close watch on property cycle.

Group has 68% retail sector exposure.

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