RES - Resilient - Voluntary Announcement in respect of the Acquisition of the
RES
RES
RES - Resilient - Voluntary Announcement in respect of the Acquisition of the
remaining 50% of The Grove
Resilient Property Income Fund Limited
(Incorporated in the Republic of South Africa)
Registration number 2002/016851/06?
Share code: RES ISIN ZAE000043642
("Resilient")
VOLUNTARY ANNOUNCEMENT IN RESPECT OF THE ACQUISITION OF THE REMAINING 50% OF THE
GROVE
Unitholders are advised that Resilient has acquired the remaining 50% of The
Grove not already owned by it.
The Grove is a 40 709sqm mall situated in Equestria, Pretoria and was acquired
at a 8.25% capitalisation rate and for a cash consideration of R356.4 million.
Resilient took transfer of the property on 9 June 2011.
20 June 2011
Sponsor
Java Capital
Date: 20/06/2011 15:57:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.