Redefine Properties (RDF) has declared a distribution of 35.0c per linked unit for the six months ended August 2013‚ which is 7.7% ahead of the comparable period‚ taking the total distribution to 68.7c per linked unit in 2013‚ up 7.3%...
Over the years the upmarket suburb of uMhlanga on the KwaZulu-Natal north coast has experienced unprecedented, explosive growth, with notable factors being the migration from the city of major corporate and professional offices, as well as the opening ...
Octodec Investments and Premium Properties announced on Wednesday that they had entered into an agreement with IPS Investments and City Property Administration that would see IPS repurchase City Property’s shares in IPS for a cash consideration ...
Delta Property Fund said on Tuesday‚ on releasing its financial results for the six months to August‚ that its distribution forecasts since listing in November were surpassing expectations.
Rand-Hedge property player Redefine International‚ which started trading on Monday in its new guise as a secondary inward listing on the JSE‚ on Tuesday declared distributable income growth of a healthy 18% for...
Seardel Investment Corporation (SER) said on Tuesday that for the six months ended September 2013 it expected to report headline earnings per share of between 3.5c and 4.5c from 0.3c a year ago‚ while its basic earnings per share...
Redefine International plc (RPL)‚ the diversified income-focused property company‚ which holds a primary listing on the London Stock Exchange (LSE) and a secondary listing on the JSE‚ on Tuesday reported basic earnings per share of 6....
Delta Property Fund (DLT) has achieved distributable earnings of R116.7m for the six months ended August 2013 and the accrued distribution per linked unit of 32.51c is in line with the fund’s expectations and forecast.
Redefine Properties (RDF) has acquired an additional 139.782-million Fountainhead (FPT) units from various unitholders in return for 15.376-million Hyprop units and now holds 61.7% of Fountainhead’s issued units‚ the company said on Monday...
For South Africans investing in property abroad, London remains a premier destination - and for a variety of reasons, says Dr Andrew Golding, CE of the Pam Golding Property group.
“London offers sound options for those looking at resi...
Redefine International PLC‚ which is listed on the London Stock Exchange‚ will also list and begin trading on the main board of the JSE when the bourse opens on Monday‚ October 28 2013.
Redefine International PLC‚ which is listed on the London Stock Exchange‚ will also list and begin trading on the main board of the JSE when the bourse opens on Monday October 28 2013.
The 2013 third quarter results of the Tourism Business Council of SA (TBCSA) FNB Tourism Business Index (TBI) were better than expected‚ reaching a high of 116.1 — its highest performance since the survey began in late 201...
Sister property groups Octodec Investments (OCT) and Premium Properties (PMM) - both headed by Jeffrey Wapnick - yesterday reported double-digit distribution growth‚ beating the market average of about 6.5%.
Investec Australia Property Fund (IAPF‚ IAP) on Thursday listed on the main board of the JSE in the real estate — real estate holdings and development sector.
The company would provide South African investors with access to ...
Positive news in the hospitality sector in South Africa is recorded at the 5 Star hotel level, which despite experiencing substantial decline between 2009 and 2011, recorded a national average RevPAR (revenue per available room) annual increase o...
Property group Premium Properties (PMM) on Wednesday reported a 10.3% increase to 66.2c in distribution per linked unit for the six months ended August 31 2013.
The company declared a dividend of 0.33c per ordinary share (out of income r...
The jewel in the crown of In2assets December commercial property auction is surely the Bergview Complex. Located on the N3 National Highway just outside of Harrismith, the property is a well-known landmark and stop over on the busy route between Johann...
Africrest Properties has almost completed the rejuvenation of their creative hub known as ‘Design District’ in Rosebank, located on the corner Thyrwhitt Avenue & Keyes Avenue.
Insurance group Liberty Holdings on Monday said it would sell Greenacres shopping mall in Port Elizabeth in an undivided 50% share each to property owner Acucap (ACP) and property management group Sycom (SYC)‚...
Total income for SA’s tourist accommodation industry rose by 15.2% year on year in nominal terms (current prices) in August‚ Statistics SA’s (Stats SA) tourist accommodation survey released on Monday showed.
Liberty Holdings (LBH) said on Monday that its wholly-owned division Liberty Group has entered into a transaction to dispose of Greenacres shopping centre in an undivided 50% share each to Acucap (ACP) and Sycom (SYC) for just over R1bn.
AltX-listed MAS @ Real Estate may still be a minnow compared with some of the other offshore property stocks, but the Western European property play is likely to attract much more investor attention once it moves to the JSE’s main board later th...
