Investec Australia Property Fund begins R1.5bn rights offer to buy Sydney offices

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Investec Australia Property Fund begins R1.5bn rights offer to buy Sydney offices

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Investec Australia Property Fund, the Johannesburg-listed real estate investment trust focused on commercial property in Australia and New Zealand, set terms for its partially underwritten R1.5bn ($111m) rights issue on Tuesday. Investors marked the shares up 2.3% on the day.

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