Accelerate Property Fund is a small Johannesburg landlord with a big address book: it owns half of Fourways Mall, one of South Africa's largest shopping centres, alongside office buildings leased to names like KPMG and Citibank. The fund is now working through a painful reset after heavy losses tied to that mall. Full nameAccelerate Property Fund Ltd Tickers / exchangeAPF / JSE (Johannesburg Stock Exchange) HeadquartersJohannesburg, South Africa SectorReal Estate (REIT – Retail) Employees40 Market valueZAC 818.2 million (US$818.2 million) Yearly salesZAC 678.9 million (US$678.9 million) Net profit−ZAC 45.9 million …
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