RDC on strong footing for regional expansion

Friday, May 06, 2016

Masa Center is RDC's flagship property in Botswana

Following the successful raising of P232.1 million from the rights issue, RDC Properties says it is in a better position to expand into the region with a specific focus on Mozambique, Namibia and South Africa.

The group’s executive chairman, Guido Giachetti said in the group’s 2015 annual report that the transaction, which was concluded in November 2015, took a lot of planning.

He noted that it was more complex than it was originally anticipated.

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RDC on strong footing for regional expansion

Following the successful raising of P232.1 million from the rights issue, RDC Properties says it is in a better position to expand into the region with a specific focus on Mozambique, Namibia and South Africa.