Warehouse Finder Logo
Colourful banner
You are here: Warehouse Finder / Latest News / Kaydav Acquires Property Letting Enterprise

KayDav acquires property letting enterprise

SHOWING ARTICLE 249 OF 285
GALLERY

KayDav acquires property letting enterprise

Category Property News

CAPE TOWN -Supplier and distributor of wooden boards KayDav announced on Friday that its subsidiary, Sign and Seal, had concluded an agreement to acquire a property letting enterprise from Foster Properties CC for R13.8 million.

Sign and Seal is acquiring the business to secure the KayDav's tenure of the premises which currently houses its head office as well as its Ottery warehouse.

The acquisition is subject to the suspensive condition that Sign and Seal is granted a loan for a minimum amount of R9.695 million by a financial institution.

Author Warehouse Finder
Published 26 Mar 2012 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Warehouse Finder website is accurate and up to date, Warehouse Finder makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.