Finbond Agrees to Acquire Pretoria’s Rigel Park Property for R55.5 Million

On 30 October, Finbond Group announced that its subsidiary had agreed to acquire the Rigel Park property and letting business in Pretoria for R55.5 million in cash. The property was independently valued at R55 million and was 97.6% let, making the transaction a disclosed commercial-property acquisition with potential implications for the group’s operating costs and property portfolio. HPC can support financial modelling, valuation analysis and transaction reporting; contact HPC for a quotation based on your corporate-finance requirements.

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