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In brief Retail & Hospitality Property South Africa

Delta International Property Holdings acquires property in Maputo

Delta International Property Holdings (DLI) has acquired the Vodacom building and the Zimpeto Square shopping centre in Maputo‚ Mozambique‚ through a private share placement‚ the group announced on Wednesday.

The private placement would entail about 26-million new ordinary shares to raise up to approximately R515m ($43m) through the issue of new ordinary shares.

Source: BDpro

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