Imperial Red Properties (Pty) Ltd And Immovable properties and shopping centre known as the Brookside Mall owned by Shoprite Checkers (Pty) Ltd

Case number: LM124Nov24
Case parties: Primary Acquiring Firm: Imperial Red Properties (Pty) Ltd
Primary Target Firm: Immovable Properties and Shopping Centre Known as the Brookside Mall
Case type: Large Merger
Type of merger: Conglomerate
Case status: Reasons Issued
Outcome: Approved Subject to Conditions
Order date: 2025-01-30
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: The provision of rentables retail space in comparative centres within 16km radius of Brookside Mall
Remedy: Public Interest Remedies
Competition Tribunal Members: Andiswa Ndoni, Geoff Budlender, Imraan Valodia