JSE-listed Dipula Properties has agreed to acquire a portfolio of shopping centres from Moolman Group and its co-investors in a R2-billion transaction that is accretive from day one and advances the company’s focused growth strategy. The transaction strengthens the company’s national retail presence and enhances portfolio diversification, adding nine assets across four provinces.

JSE-listed Dipula Properties has agreed to acquire a portfolio of shopping centres from Moolman Group and its co-investors in a R2-billion transaction that is accretive from day…

Acquisition boosts retail exposure to nearly 80% of portfolio income