KM Financial Solutions | UPDATE 2-South Africa’s Shoprite forms JV with Equities Property fund
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UPDATE 2-South Africa’s Shoprite forms JV with Equities Property fund

UPDATE 2-South Africa’s Shoprite forms JV with Equities Property fund

South Africa’s Shoprite
Holdings will transfer its distribution centres and
undeveloped land valued at 2 billion rand ($133 million) to a
new joint venture (JV) it is creating with Equities Property
Fund, the supermarket chain said on Tuesday.

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