Texton, Linked To South Africa's Robert Franco, Exits Blackstone Reit With 6.2 Million In Proceeds

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texton linked to south africas robert franco exits blackstone reit with 62 million in proceeds

Texton Property Investments UK, a subsidiary of JSE-listed Texton and linked to South African property investor Robert Franco, has completed the sale of its remaining shares in Blackstone Real Estate Income Trust BREIT through the iCapital Offshore Access Fund, realizing more than 6 million.

The R110.76 million 6.27 million sale , finalized on August 31, 2025, closes out Textons investment in the Access Fund after a partial redemption in July 2024. Over the holding period, the investment delivered a 30.37 percent total return, supported by steady distributions and the rands weakness against the dollar.

Texton strengthens balance sheet with exit

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