Safari Investments, which has grown its portfolio about 30% in the year to March, says it is on track to reach its R3bn property target by the end of 2018.

The group said on Wednesday, 22 June, that during the year under review, it had increased its portfolio to 19 properties valued at R2.2bn, from a previous nine properties worth about R1.7bn.

The company, which listed in April 2014, said its focus on township shopping centres was serving it well and that its expansion plans in Namibia were also gaining traction.

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