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Business|Rental|Services
Business|Rental|Services
business|rental|services

Futuregrowth, Citiq Treasury, Citiq Property Services merger gets green light

13th August 2018

By: Marleny Arnoldi

Deputy Editor Online

     

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The Competition Tribunal has approved a merger between Futuregrowth Asset Management, Citiq Treasury and Citiq Property Services.

Futuregrowth is the acting agent for Old Mutual Assurance company, wholly-owned by Old Mutual Investment Group Holdings.

The transaction involves rentable property and rentable retail space in the Johannesburg central business district, Melville, Berea, Bellevue, Hillbrow and Rosettenville.

Citiq Treasury will operate as a property holding company for Old Mutual and Citiq Property Services will facilitate administration and rental management.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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