Penalten Investments (Pty) Ltd And Accelerate Property Fund Ltd in respect of 50 percent ownership in the Portside Office Tower
Case Number
LM066Jul25
Case type
Large Merger
Procedural matter
Type of merger
Horizontal
Case status
Reasons Pending
Outcome
Approved Subject to Conditions
Order date
27-08-2025
Competition Tribunal Members
Andiswa Ndoni, Imraan Valodia, Thando Vilakazi
Industry
Relevant market
Sector
Real estate activities
Case Name
Penalten Investments And Accelerate Property Fund
Primary Acquiring Firm
Penalten Investments (Pty) Ltd
Primary Target Firm
Accelerate Property Fund Ltd