Dipula Properties agrees to acquire R2 billion shopping-center portfolio from Moolman Group

• Dipula agreed to buy a portfolio of nine shopping centers from Moolman Group and co-investors in a ZAR 2 billion deal.
• Transaction described as accretive from day one, expanding retail exposure to nearly 80% of income, cutting office exposure to about 10%.
• Portfolio totals nearly 90,000 sqm; anchor tenants include Shoprite, Checkers, Game, Cashbuild, Makro.
• Private placement raised ZAR 1.1 billion; new shares expected to list on the JSE on Sept. 1, 2026.
• Funding mix uses equity with existing debt; loan-to-value expected to remain between 35% and 40% post-deal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dipula Properties Ltd. published the original content used to generate this news brief on August 24, 2026, and is solely responsible for the information contained therein.