Rebosis raises R565m

21st January 2015 By: Creamer Media Reporter

Rebosis raises R565m

Photo by: Duane Daws

JSE-listed Rebosis Property Fund on Wednesday raised R565-million through the placing of about 47.48-million linked units at R11.90 a unit.

The company had initially set out to raise R400-million through the accelerated book build.

The equity raise had been subject to a minimum subscription of R1-million per applicant.