Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.

Total returns from Growthpoint Properties Australian investment, Growthpoint Properties Australia (GOZ), have significantly outpaced the major Australian REIT and share market indexes.

Emira Property Fund continues to advance its conservative approach to funding, which underpins its agile approach to market opportunities.

Emira Property Fund today announced it has invested in its fourth shopping centre in the USA, growing its exposure in the biggest market in the Western world and progressing its international investment strategy.

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