Tigere to acquire more properties

Major real estate funds are active­ly targeting top-tier retail brands such as Electrosales and TM Pick n Pay as stable, long-term blue-chip anchor tenants for commercial hardware and retail properties.

TIGERE Real Estate Investment Trust (REIT) is set to acquire four additional real estate assets this year in addition to planned redevelopments at Highland Park as it accelerates its property portfolio expansion strategy. The REIT is targeting to grow its net asset value to US$100 million by the end of this year from US$59,3 million…

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