RDC Properties Penetrates SA Market

RDC Properties CEO Guido Giachetti
RDC Properties CEO Guido Giachetti

RDC Properties continues to diversify its portfolio with the latest being a R170.9 million acquisition of a South African Western Cape-based loan stock company, Capitalgro.

According to the group’s executive chairperson, Guido Giachetti, following a stringent due diligence process the company invested R50.9 million, securing a 34.85% controlling stake in the issued share capital of Capitalgro.

RDC Properties invested an additional R120 million into Capitalgro giving RDC Properties a 63% stake in the company. This additional investment enabled Capitalgro’s acquisition of the AAA rated, five-star certified commercial building known as ‘The Edge’.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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