Vestfund (Pty) Ltd And Divercity Urban Renewal Fund

Case number: LM216Oct17
Case parties: Primary Acquiring Firm: Vestfund (Pty) Ltd
Primary Target Firm: Divercity Urban Renewal Fund
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2017-11-29
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: provision of comparative centres, specifically with regard to minor regional shopping centres within a 15km radius in the Bedfordview/Wynberg/Marlboro and surrounding areas