Huawei Technologies SA Growthpoint Properties transaction involving Harrowdene Office Park approved

The Competition Tribunal has approved the transaction between Huawei Technologies SA and Growthpoint Properties Ltd in respect of Harrowdene Office Park without conditions.

Huawei Technologies (Pty) Ltd, a South African company, is a wholly owned subsidiary of Huawei Technologies B.V, an information and communications technology solutions provider incorporated in the Netherlands.

Huawei Technologies does not own any property letting enterprises from which it derives income in South Africa.

In the transaction the primary target property is the Harrowdene Office Park, Grade A Office Space situated in Woodmead, Gauteng. Harrowdene is presently owned by Growthpoint, a property investment letting enterprise.

 

Issued by:

Chantelle Benjamin

Communications: Competition Tribunal   

Tel (012)394 1383                                     

Cell: +27 (0) 73 007 5603  

Twitter: @comptrib                                       

E-Mail: chantelleb@comptrib.co.za

 

On Behalf Of:

Lerato Motaung                                                   

Registrar: Competition Tribunal                                        

Tel: (012) 394 3355                                             

Cell: +27 (0) 82 556 3221                                              

E-Mail: LeratoM@comptrib.co.za