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Polish Malls a Big Attraction for South African Property Fund
JOHANNESBURG (Capital Markets in Africa) – The first South African property fund to bet on the Polish market says it’s just the beginning. Redefine Properties Ltd., a Johannesburg-listed real estate investment trust, wants its Echo Polska Properties NV unit to double its Polish shopping-center portfolio in the next three years, Chief Executive Officer Andrew Konig said in an interview in Warsaw. The fund will seek to expand via opportunistic purchases of established malls to avoid the risk of…
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