SA CORPORATE REAL ESTATE LIMITED - Acquisition of a 50% interest in a property portfolio located in Zambia - fulfilment of suspensive conditions

Acquisition of a 50% interest in a property portfolio located in Zambia - fulfilment of suspensive conditions

SA CORPORATE REAL ESTATE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/015578/06)
(Approved as a REIT by the JSE Limited (“JSE”))
JSE share code: SAC ISIN: ZAE000203238
(“SA Corporate” or “the Company”)

 ACQUISITION OF A 50% INTEREST IN A PROPERTY PORTFOLIO LOCATED IN ZAMBIA –
                          FULFILMENT OF SUSPENSIVE CONDITIONS

Further to the announcement released on the Securities Exchange News Service on 09 October 2015
regarding the acquisition by SA Corporate of 50% of the shares and claims in Graduare Mauritius
Limited, Ancona Mauritius Limited and Premier LM&C Mauritius Limited in order to indirectly acquire a
50% interest in a portfolio of three properties located in Zambia (the “Transaction”), shareholders are
advised that all conditions to the Transaction have been fulfilled and the Transaction is now
unconditional and is in the process of being implemented.

Sandton

5 November 2015

South African Corporate Advisor and Transaction Sponsor
Investec Bank Limited

South African Legal Advisors
Cliffe Dekker Hofmeyr Inc.

Zambian Attorneys and Competition Law Advisors
Chibesakunda & Co.

Mauritian Legal and Tax Advisors
Eversheds Mauritius

Tax Advisors
EY

Due Diligence and Tax Advisors
Phoenix Wealth Management (Pty) Ltd

Sponsor
Nedbank CIB

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