Competition Commission approves Dipula Income Fund’s purchase of Randfontein Centre, Bushbuckridge Centre and The Plaza

August 13, 2012

The Competition Commission has given the green light to Dipula Income Fund’s acquisition of three shopping centres for a combined investment of nearly R330 million.

The transaction comprises R179,5 million for the 25,700sqm The Plaza Shopping Centre in Phuthaditjhaba, Free State; R46,2 million for the 6,000sqm Randfontein Station Shopping Centre, in Gauteng; and R104,2 million for the 14,700sqm…

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New Age: Dipula expands rural footprint (PDF 203.6 KB)

August 1, 2012

New Age: Dipula expands rural footprint (PDF 203.6 KB)

Nedbank yesterday announced that it has partnered with Dipula Income Fund to acquire three plazas in Polokwane and Kwazulu-Natal, aiming to give customers in rural areas a new retail experience.

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Business Day: Dipula’s losses (PDF 19.1 KB)

August 1, 2012

Business Day: Dipula’s losses (PDF 19.1 KB)

Dipula Property Fund’s headline loss per share would narrow by 10.4% to 4.37c, it said in a statement on the pro forma financial effects of acquiring the Plaza Shopping Centre, Randfontein Shopping Centre and Bushbuck Centre.

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Business Day: Dipula deal still on (PDF 18.6 KB)

July 1, 2012

Business Day: Dipula deal still on (PDF 18.6 KB)

Dipula Property Fund yesterday said it was still finalising the acquisition of Plaza Shopping Centre, Randfontein Station Shopping Centre and Bushbuckridge Shopping Centre from Old Mutual’s Ideas Fund.

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