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August 31, 2005
Absa finances R1bn BEE property deal
Absa Bank is to finance the biggest black economic empowerment (BEE) property deal to date in South Africa, the bank announced on Tuesday...
It involves a consortium of three BEE groups having acquired 14% of Growthpoint Properties Limited shares and debentures and a similar stake in the company's property management contract.
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Posted by bernievn at August 31, 2005 3:05 PM