COMPANY RESULTS - Emira ticks off strategic targets in a productive and positive first half
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GUEST – Geoff Jennett, CEO of Emira.
Emira successfully concluded two major transactions. It completed the disposal and transfer of its holding in the rural and lower-income retail property venture Enyuka Property Fund to co-investor One Property Holdings, successfully exiting an indirect investment at a favourable price in a single deal aligned with its objectives.
It also finalised the scheme of arrangement for specialist residential REIT Transcend Property Fund, enlarging its foothold in the defensive residential property sector that now represents 16% of Emira’s South African portfolio value.
Emira successfully concluded two major transactions. It completed the disposal and transfer of its holding in the rural and lower-income retail property venture Enyuka Property Fund to co-investor One Property Holdings, successfully exiting an indirect investment at a favourable price in a single deal aligned with its objectives.
It also finalised the scheme of arrangement for specialist residential REIT Transcend Property Fund, enlarging its foothold in the defensive residential property sector that now represents 16% of Emira’s South African portfolio value.
