FilingReader Intelligence

Accelerate Property Fund raises R100m through rights offer

July 28, 2025 at 09:01 PM UTCBy FilingReader AI

Accelerate Property Fund Limited raised R100 million through a fully underwritten rights offer that closed July 25, 2025.

The South African REIT issued 250 million shares at R0.40 each, with investors taking up 204 million shares worth R81.6 million. The underwriter subscribed for the remaining 46 million shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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