Freedom Property Fund Limited is pleased to announce the successful conclusion of the sale of a portion of the farm Tweefontein for R40m.
This transaction represents an important strategic milestone for the Company and forms part of Freedom Property Fund Limited’s ongoing initiatives to unlock value from its property portfolio and support future growth opportunities.
The Board and Management believe that the transaction will contribute positively to the long-term positioning of the Company and further reinforces the value inherent within the Tweefontein property assets.
Freedom Property Fund Limited wishes to thank all stakeholders, advisors, and counterparties involved in the process for their support and cooperation in bringing the transaction to conclusion.
Further updates regarding future developments and strategic initiatives relating to the Tweefontein area will be communicated to stakeholders as appropriate.
By order of the Board
Freedom Property Fund Limited
