Retail & Hospitality Property In brief South Africa

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    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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