Emira to acquire an interest in Polish property company
JSE-listed Emira Property Fund has entered into a series of agreements with DL Invest Group 1 SCSP – controlled by Dominik Leszczynski – and its wholly-owned subsidiary, DL Invest Group (DL Invest) in terms of which Emira will acquire an effective 25% interest in the issued shares of DL Invest.
Emira has also been granted an option to acquire a further interest in DL Invest which, if exercised, will result in Emira owning 45% of the issued shares of DL Invest.
DL Invest is a Luxembourg-headquartered property company. Through its subsidiaries – collectively the DL Group – it develops and holds logistics centres, mixed-use and office centres and retail parks across Poland.
The DL Group boasts a portfolio of 50 properties valued at about €730-million. Through its internal structure, which includes about 232 employees, the DL Group's business model assumes full implementation of the investment process and actively manages projects as a long-term owner.
Emira says the proposed transaction forms part of Emira's strategy to enhance its international exposure and diversify its investment portfolio.
By co-investing with local partners who share similar objectives, Emira says it aims to capitalise on opportunities within the growing Polish economy.
“This approach allows Emira to mitigate risks and leverage local expertise, while keeping its co-investment methodology in place, resulting in more informed investment decisions and improved returns,” the company says.
Comments
Research Reports
Latest Multimedia
Latest News
Showroom
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
