South African executive Laurence Rapp-led Vukile buys 35% of Pradera in $5.9B deal

Billionaires Africa | 22.01.2026 23:43
Vukile Property Fund Limited, led by South African executive Laurence Rapp, has taken another step in broadening its reach beyond Southern Europe, acquiring a 35 percent stake in Pradera Limited in a transaction that values the global retail platform at R94.7 billion ($5.9 billion).