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Unchanged repo rate disappoints property industry

SARB has announced an unchanged repo rate of 3.5% with the prime lending rate sitting at 7%. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa believes that with house price appreciation and rental escalations remaining subdued for some time, this would have been enough to...

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Kasada acquires African hotel portfolio in landmark deal

Funds advised by Kasada Capital Management have announced the first transaction made through the debut fund, Kasada Hospitality Fund, acquiring a portfolio of Sub-Saharan African hotels from AccorInvest. This landmark deal is one of the largest cross-border hospitality mergers and acquisitions in...

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