Vunani Property Investment Fund (VPIF) has acquired the Foretrust Building in Cape Town for US$31 million.
VPIF is a Real Estate Investment Trust with its sole assets being its property portfolio.
The Foretrust Building is a commercial building in the area of the Cape Town city center known as the Foreshore in Martin Hammerschlag Way.
Oaklins' team in South Africa acted as sponsor to VPIF with regards to the acquisition of the Foretrust Building in Cape Town from Redefine Properties Limited.
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