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OFFSHORE
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BREXIT MYTHS
GREG PEARSON
DEVELOPER Mara Delta recently announced that it is looking into investing a further US $ 110 million into Mozambique, by acquiring an additional four properties, as well as the second stage development of its Anadarko building. Head of Developments Greg Pearson commented:“ We are confident of the long-term growth prospects in Mozambique.
MATT LAVIN
DEVELOPER“ Despite the weaker outlook for developed countries, the US remains the world’ s largest economy with a stable political system. Our investors are typically looking five to ten years ahead. They see US property market as a secure place to park capital for long-term income and growth. The added value for South African investors presented by a stronger rand is an added bonus and presents an unmissable opportunity.
MIKE WATTERS
CEO Britain’ s vote to leave the European Union( EU) has thrown most UK-focused property funds into disarray but this immediate impact on Redefine International is not a“ major concern”. Redefine International CEO, Mike Watters said that the company had weathered the effects of the Brexit referendum better than a number of other UKfocused property groups.
www. reimag. co. za SEPTEMBER 2016 SA Real Estate Investor 47