Rebosis Property Fund and Ascension Properties Ltd
Case Number
LM223Mar15
Case type
Large Merger
Case status
Reasons Issued
Outcome
Approved
Order date
2015-05-27 12:10:00
Competition Tribunal Members
Andreas Wessels, Fiona Tregenna, Medi Mokuena
Industry
Real Estate with own or leased property
Relevant market
The market for the provision of rentable space in Grade B and C office property in the Pretoria CBD and surrounding nodes (Arcadia and Sunnyside); The market for the provision of rentable space in Grade A and B office property in the Johannesburg and surrounding node (including Braamfontein).
Sector
Real estate activities
Case File
Primary Acquiring Firm
Rebosis Property Fund
Primary Target Firm
Ascension Properties Ltd
Secondary Target Firm
Ascension Properties Ltd