Investec advises Vukile on a successful R1 billion capital raise

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Our role

Investec Bank advised Vukile Property Fund Limited to successfully raise R1 billion by way of an accelerated bookbuild. Investec’s deep real estate expertise, institutional relationships and speed of execution drove strong demand in an upsized placement.

About Vukile Property Fund Limited

Vukile Property Fund (“Vukile”) is a high-quality, low-risk, specialist retail Real Estate Investment Trust (REIT), which was listed on the JSE on 24 June 2004 and on the Namibian Stock Exchange on 11 July 2007.  Vukile owns a geographically diversified portfolio of property assets valued at R36,8 billion, of which 59% is based in Spain.

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