Vukile Property Fund (JSE: VKE) has expanded its significant investment in South African township, rural and commuter shopping centres with its agreement to acquire the landmark Pan Africa Shopping Centre in Alexandra Township in Johannesburg, Gauteng, as well as the asset’s second phase extension due for completion in 2024.

Vukile Property Fund’s (JSE: VKE) 88% held Madrid-listed subsidiary, Castellana Properties Socimi, has acquired a 21.7% shareholding in its market peer Lar España Real Estate Socimi.

Vukile Property Fund (JSE: VKE) today issued R500 million of senior unsecured corporate bonds with one- and three-year maturities.

The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg, Ekurhuleni, by the mall’s co-owners, Vukile Property Fund and Redefine Properties, will soon be complete.

Vukile Property Fund (JSE: VKE), the leading retail REIT (real estate investment trust), has commenced the strategic upgrade of Daveyton Mall in the Ekurhuleni Metro, Gauteng.

Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic hub of North Eastern Limpopo, is poised for exciting growth in 2021.

South African REITs (real estate investment trusts) have once again excelled among the country’s top companies earning the most wealth and value for shareholders.

Vukile Property Fund today announced that its listed Spanish subsidiary, Castellana Properties SOCIMI SA, has acquired the high-quality 30,000sqm Puerta Europa shopping centre in Algeciras, Cadiz, Spain.

The renovated new Pine Crest launched today after an innovative R200m, 14-month multifaceted refurbishment by owners Vukile Property Fund, updating it to the newest international standards.

Within the 13 month timeframe and in time for its official opening on 21 March 2019, Concor Buildings has completed the Maluti Crescent regional retail hub, owned by Vukile Property Fund, at Phuthaditjhaba in Free State province.