Our real estate team advised Equites on the conveyancing aspects of its acquisition of a large industrial rental enterprise from Investec Property Fund. This was a particularly complex mandate given the nature of the town planning status of the subject property and the type of properties involved. This necessitated intricate wording in the transfer documents, and confirms the high-end technical skills available to clients of our real estate team. The transaction has resulted in further growth of Equites' impressive immovable property portfolio. Our work on this matter confirms our ability to advise on complex town planning issues and highly-sophisticated transfer documents for clients.
Our real estate team advised Equites in the commercial and conveyancing aspects of its acquisition of two large industrial rental enterprises from Investec Property Group, one situated in Gauteng and the other situated in Kwa-Zulu Natal. Our team handled both transfers, which involved intricate planning to enable the processes to run smoothly and more or less concurrently with each other. This mandate confirms the big-ticket nature of many of the sophisticated transactions handled by our experienced real estate team.
Our real estate team is advising Equites in its ZAR 412.5 million acquisition of a large development property from Witfontein X 28 Ontwikkeling. Our firm is providing strategic, legal and commercial counsel on all aspects of this transaction. We have also been mandated with advising on all of the associated environmental law considerations. This work has included resolving issues that have arisen concerning the property to be transferred. This mandate confirms the diverse substantive and technical skills available to clients of our real estate team and how clients benefit from our combined strengths across practices, in this example, in environmental law.