Premium Properties bucks trend to grow distribution
JSE-listed property group, Premium Properties has reported distribution of 150,7 cents per unit for the six months ended February 2014, up 19.4% from 126.2c achieved in the comparable period a year...
View ArticleCapital Property Fund eyes in-house asset management operations
JSE-listed property group, Capital Property Fund (CPL) on Friday fleshed out restructuring plans that aim to position it as a corporate real estate investment trust.
View ArticleDelta's results ahead of expectations
Black empowerment property group, Delta Property Fund has delivered on its growth promises, both in terms of income payouts and bulking up its portfolio with yield-enhancing acquisitions.
View ArticleArrowhead Properties interim distribution rises
Arrowhead Properties Limited, today reported total distribution to unit holders of 32,38 cents per combined A and B unit for the quarter ended 31 March 2014, which translate to 15,48% improvement...
View ArticleIngenuity Property Investments reports increase in headline earnings
JSE listed property group, Ingenuity Property Investments (ING) on Friday reported a 121% rise in headline earnings per share to 2 cents for the six months ended February 2014 from 0.9 cents a year ago.
View ArticleRockcastle Global Real Estate offers private placement
ALTX-listed Rockcastle Global Real Estate (ROC)‚ one of the Resilient group’s (RES’s) rand-hedge property plays‚ on Thursday opened its private placement of units to raise R2 billion.
View ArticleAn eye on Africa — Rockcastle Global Real Estate
ALTX-listed, Rockcastle Global Real Estate (ROC) which was incorporated in Mauritius‚ said its African real estate operations were on track as it released financial results for the nine months to March...
View ArticleBlack-Empowered, three-way Merger means big Business
Market speculation is building that a three-way proposed merger between Delta Property Fund, Ascension Properties and Rebosis Property Fund spells great things for the new entity as consolidation has...
View ArticleInvestec Property Fund hits milestone following Acquisitions
Acquisitions worth R1,7 billion have boosted the asset value of property loan stock company Investec Property Fund to R6 billion, the group said on Thursday announcing its financial results.
View ArticleVisual International sets pace with JSE’s AltX listing
ROBUST growth in the Residential building sector over the past years has spurred another property developer based in Cape Town, Visual International Holdings, to list on the JSE’s AltX today, in order...
View ArticleVukile's interims signify 10th consecutive year of growth
Vukile Property Fund signalled its 10th consecutive year of growth, saying it had delivered on market guidance and established a decade-long track record of unbroken growth in distributions and...
View ArticleStefanutti Stocks returns to profit after loss
Stefanutti Stocks‚ a multi-disciplinary construction company operating throughout South Africa‚ sub-Saharan Africa and the Middle East‚ was back in the black for the year to February after a...
View ArticleFortress Property Income Fund boosts offshore arm
Fortress Property Income Fund (FFB‚FFA) is strengthening its offshore property exposure and has subscribed for additional shares in AltX-listed Rockcastle Global Estate.
View ArticlePortfolio potential helps lift Dipula distributions
PROPERTY loan stock company, Dipula Income Fund yesterday reported distribution growth of 5% for A linked units and 8.5% for B linked units for its six-month period ended February 2014.
View ArticleFreedom Property Fund heads for the JSE
Freedom Property Fund, whose asset base valued at R1,56 billion in the office, industrial and residential sectors, aims to list on the JSE in the next few weeks with a market capitalisation of about R1...
View ArticleEmira Property Fund has 7.5% of 'target'
Listed property loan stock company, Emira Property Fund says it is set to increase its growth in distribution per share to 7.5% for its full year to 30 June 2014.
View ArticleRedefine, Annuity given Merger Green Light
Redefine Properties' purchase of R2.1 billion takeover of Annuity Properties, has been approved by the Competition Commission and unitholders today.
View ArticleOctodec-Premium confident of Merger
Octodec Investments Limited is confident it will be able to use its relationship with sister company Premium Properties to boost property portfolio and expects high dividend-paying strategies to...
View ArticleEquites Property Fund gears for JSE listing
Equites Property Fund Limited, whose portfolio of 17 Western Cape-based industrial and office properties valued at R1.2 billion, says it plans to have its listing on the local exchange in the...
View ArticleFreedom Property Fund takes to JSE boards
Freedom Property Fund marked its foray onto the JSE Stock Exchange on Thursday 6th of June 2014, listing under the “Real Estate – Real Estate Holdings and Development” sector.
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