Accelerate Property Fund Ltd and Old Mutual Life Assurance Company (South Africa) Ltd in Respect of the Portside Building

Case number: LM156Oct15
Case parties: Primary Acquiring Firm: Accelerate Property Fund Ltd
Primary Target Firm: Old Mutual Life assurance Company (South Africa) Ltd
Case type: Large Merger
Case status: Reasons Issued
Outcome: Approved
Order date: 2015-11-25
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: The market for the provision of rentable grade A office property within the Cape Town CBD node.
Competition Tribunal Members: Andreas Wessels, Imraan Valodia, Medi Mokuena