CapReg in takeover talks with South Africa’s largest REIT

The Mall Walthamstow

Capital & Regional is in takeover talks with South Africa’s largest REIT.

The regional shopping group revealed it was in talks with Growthpoint Properties with the group potentially taking a majority stake in the company through a combination of a partial offer in cash for Capital & Regional shares and an injection of capital to support the company’s strategy through a subscription for new shares.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue