Aug 6 (Reuters) - Emira Property Fund EMIJ.J :
* JSE: EMI - EPF010 - UPDATE ON PROPOSED ACQUISITION OF THE ENTIRE ISSUED SHARE CAPITAL OF SA CORPORATE REAL ESTATE LIMITED
* EMIRA PROPERTY FUND - REMAINS OF VIEW THAT PROPOSAL TO POTENTIALLY COMBINE WITH SAC IS COMPELLING FOR BOTH SAC AND EMIRA
* EMIRA PROPERTY FUND - EMIRA IS UNABLE TO PROCEED WITH ITS PROPOSAL AT THIS TIME
* EMIRA PROPERTY FUND - UNABLE TO PROCEED DUE TO ABSENCE TO FURTHER INTERROGATE VALUE PROPOSITION OF PROPOSED TRANSACTION WITH SAC
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