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Flanagan & Gerard, Vukile acquire Mthatha shopping centre for R800m

By:  
Creamer Media Senior Deputy Editor
 
PROPERTY
Retail property specialist company Flanagan & Gerard Property Group and JSE-listed real estate investment trust Vukile Property Fund have jointly acquired the BT Ngebs City regional shopping centre, in Mthatha, for R800-million and each will hold an equal share. The companies will also undertake major refurbishment at the centre to improve the overall retail experience for customers.
 
 
 
 
 

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