Octodec To Have A Secondary Listing On A2X

JSE listed REIT, Octodec Investments, today announced that it has been approved for a secondary listing on A2X Markets.

The group informed shareholders that its primary listing on the JSE  and issued share capital will be unaffected by the secondary listing on A2X.

A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the South African Financial Sector Conduct Authority in terms of the Financial Markets Act 19 of 2012.

Also read: Octodec Launches Newly Upgraded, Landmark Shoprite Building In Tshwane CBD

JSE listed REIT, Octodec Investments, today unveiled the new look and feel of its Shoprite building in the heart of the Tshwane CBD – a R60 million investment project announced in August 2022 to boost and uplift the bustling central node.

Jeffrey Wapnick, MD of Octodec, says, “This project cements our commitment to the City of Tshwane which continuously presents growth opportunities for our already dominant inner-city retail and residential portfolio. It represents a renewal of our relationship and an upgrade of our service to a city that is increasingly attracting national retailers”.

“We are excited to see this new building bring an elevated experience to our tenants, who have trusted us with quality developments that enhance their day-to-day lives. It is a value adding project that will further deepen the trust and confidence our clients have in our inner-city knowledge, which bodes long term relations”, added Wapnick.

While Shoprite continued to trade during the upgrade, tenants will now enjoy their daily shopping in a newly furbished 4000m² Shoprite supermarket which includes a new Shoprite Liquor and new retail shops on the ground floor.

In addition, the tenants will be exposed to other prominent brand-new architectural elements such as a triple volume entrance with escalator access from Helen Joseph Street, which lead downwards to the newly refurbished OK Furniture store.

A launch event was held with Shoprite staff celebrating the new building and exciting customer activities including prize giveaways from in-store suppliers and Shoprite branded promotional- items.