Mega malls up for sale in Rebosis business rescue
Rebosis Property Fund, the first major black-owned REIT to list on the JSE over a decade ago, is in business rescue. ‘The intention of the business rescue process is to rectify the loan-to-values as far as possible. It’s very important to sell properties at the best value possible, to reduce [the group’s] debt levels,’ says Jacques du Toit, one of the joint BRPs of Rebosis Property Fund. Listen to the highlights of the interview: