Propertuity Development (Pty) Ltd And Redefine Properties Ltd In Respect of Jewel City

Case number: LM015Apr17
Case parties: Primary Acquiring Firm: Propertuity Development (Pty) Ltd
Primary Target Firm: Redefine Properties Ltd
Case type: Large Merger
Type of merger: Horizontal
Case status: Reasons Issued
Outcome: Approved
Order date: 2017-05-31
Sector: Real estate activities
Industry: Real estate activities with own or leased property
Relevant market: The market for the provision of rentable Grade B office space in the Johannesburg CBD node
Competition Tribunal Members: Norman Manoim, Enver Daniels, Imraan Valodia