Ascension Properties (AIA) said on Thursday that it expected its distribution per B-linked unit for the six months ended December 2013 to be between 17% and 27% higher than for the six months ended December 2012.
While inflationary concerns and global economic impacts remain in the spotlight, the Monetary Policy Committee’s stance to increase the repo rate stable was unexpected, particularly given the sluggish economic growth currently experienced in South A...
In a landmark move to improve responsible business practices in the land, real estate and construction industry, the United Nations Global Compact and RICS (Royal Institution of Chartered Surveyors) will jointly develop a best practice toolkit for the ...
Global real estate group Rockcastle on Tuesday reported a headline loss of 1.65 US cents in the six months ended December 31‚ from a profit of 13.79c a year earlier.
In line with guidance‚ the company’s dividend for p...
The sale of the Heartland property by chemicals and explosives company AECI (AFE) to Chinese property developer Shanghai Zendai has been approved by the Competition Commission‚ but with a condition.
Fortress Income Fund (FFA) said on Tuesday that it anticipates that the distribution per B linked unit for the six months ended December 2013 will be between 37% and 42% higher than for the six months ended December 2012.
AltX-listed MAS Real Estate (MSP) on Monday announced it would go to market next month to raise capital to fund its plans for its accelerated growth plan in the UK and Continental Europe.
Resilient Property Income Fund (RES) linked unitholders were advised on Monday that that the company anticipates that the distribution per linked unit for the six months ended December 2013 will be between 17% and 19% higher than that for the six month...
The Competition Commission confirmed on Friday that it had concluded its investigation into long-term supermarket lease agreements and their anti-competitive effects‚ and that it would not refer the matter for pro...
HUNDREDS of destitute mineworkers are pinning their job hopes on a shadowy company called Goldrich, which has been given the go-ahead for a R70million deal to buy the struggling Blyvooruitzicht, west of Jo...
Redefine International (RPL) has agreed to sell the St Anne’s House office building in Croydon‚ England‚ for GBP8.4m - GBP£3.4m above the property’s August 31 2013 book value‚ the company said on Friday.
A year ago, @ Capital & Counties Properties (Capco) may well have appeared fully priced after the stock had more than doubled in the previous two years. But the owner of London landmark Covent Garden continues to defy gravity.
A year ago, @ Capital & Counties Properties (Capco) may well have appeared fully priced after the stock had more than doubled in the previous two years. But the owner of London landmark Covent Garden continues to defy gravity.
JSE-listed property fund Arrowhead Properties’ (AWA) plan to grow its portfolio to R10bn by 2016 was given a boost on Thursday when a private placement to fund acquisitions was oversubscribed by R90m.
Tower Property Fund (TWR)‚ one of four real estate companies that made their debut on the JSE last year‚ exceeded its pre-listing forecast with a maiden distribution of 33c per share for the six months to Nove...
Arrowhead Properties (AWA) has launched an accelerated offering of new Arrowhead A and B linked units to raise approximately R400m‚ subject to pricing acceptable to Arrowhead‚ the company said on Thursday.
OUTH African investor interest in Mauritius has grown strongly over recent years, from individuals taking up incentivised properties as well as from big business, says Nitin Pandea, a senior director at the Mauritian Board of Investments.
South African investors should add listed property stocks to their portfolios this year because of their track record in beating inflation better than cash‚ bonds and certain other equity investments‚ acc...
Total income for SA’s tourist accommodation industry rose by 10.5% year on year (y/y) in nominal terms (current prices) in November 2013‚ Statistics SA’s tourist accommodation survey released on Monday showed.
Listed investment holding company Tradehold (TDH) has acquired a major shopping centre in Greater Manchester‚ which increases the value of the group’s property portfolio by 46% to £76m.
PROPERTY group Redefine International — whose share price doubled over the past year to make it the JSE’s best-performing property share — said in an interim management statement on Friday it expects this year’s earnings â...
Gone are the days when auctions were viewed merely as a forced mechanism for recouping bad debt. Today, many freely choose to sell their assets at auction, given the inherent benefits associated with this method of selling.
PARK Village Auctions ended 2013 with a bang. This was largely thanks to the auction of FT Group Holdings which saw PVA dispose of a “massive†collection of electrical component stock, vehicles and miscellaneous items.
Listed UK real estate investment trust (Reit) Redefine International plc (RPL)‚ which has a secondary listing on the JSE‚ says its portfolio occupancy level rose to 97.6% in the three months ended December 2013‚ from 97.3% in the thre...
Dipula Income Fund continues to bulk up its portfolio with retail centres that cater to lower-and middle-income shoppers‚ with the acquisition of the Gillwell Taxi Retail Park in East London’s central business...
FOUNTAINHEAD Property Trust chairman Michael Kirchmann hailed last year as a “momentous year†for Fountainhead, which gained a new majority shareholder and management structure and also put initiatives in place to position the trust “...
FOUNTAINHEAD Property Trust chairman Michael Kirchmann hailed last year as a “momentous year†for Fountainhead, which gained a new majority shareholder and management structure and also put initiatives in place to position the trust “...
While some experts believe global listed property stocks will continue to perform well this year‚ local analysts are cautiously optimistic about SA’s listed property sector‚ which has run hard for ...
