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Delta Property banks on South African govt ties

It is planning to sell 350m rand of 3-year secured debt
Tuesday, November 12, 2013 - 06:00

[JOHANNESBURG] South African government connections are paying off for Delta Property Fund Ltd's borrowing costs.The company, which rents office space to the government, plans to sell 350 million rand (S$42.3 million) of three-year secured debt by the end of the month, chief financial officer