Rebosis Property Fund and Ascension Properties Ltd
Case Number
LM223Mar15
Case type
Large Merger
Case status
Reasons Issued
Outcome
Approved
Order date
27-05-2015
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
Case Name
Rebosis Property and Ascension Properties
Primary Acquiring Firm
Rebosis Property Fund
Primary Target Firm
Ascension Properties Ltd