Tower Property Fund grows its distributable earnings
Tower Property Fund grows its distributable earnings by 61% to R221m in the year to May.
Tower Property Fund announces largest acquisition to date
Tower Property Fund has announced its largest acquisition to date – a Euro 66 million deal that sees the fund expanding its offshore presence through the purchase of four retail centres in Croatia.
Agrokor's retail operations climbed 30 places on the list of largest world retailers
Agrokor’s retail position improved by 30 places compared to last year’s list of the world's 250 largest retail chains and due to 4.809 million dollars of income generated in 2014, is now positioned as 192nd in the latest Deloitte report Global Powers of Retailing 2016.
Agrokor Further Strengthens its Management and Introduces Konzum’s new Board Consisting of Two Members
Ante Todorić Deputy President of Agrokor’s Management Board, Darko Knez its new Vice President.
Tower Property Fund acquires Croatian retail property portfolio for 66m euros
Tower Property Fund conclude preliminary agreement with Agrokor d.d and Konzum d.d to acquire 4 Konzum stores and shopping centres in Croatia for €66 386 227 less the amount of debt in the Dubrovnik company.
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