Rebosis Property Fund is positioning itself for a rerating, which will attract larger investors and enable the company to join global indices.

Rebosis Property Fund changes the terms of its takeover deal with developer Billion Group following pressure from investors who said the retail-focused group was overpaying for some assets.

Furry of new listings, mergers and acquisitions in the JSE's R450bn listed property sector continues unabated.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today announced a watershed R6 billion transaction that will substantially increase the Group’s exposure to high-quality retail assets and significantly bolster its scale and liquidity.