City Lodge Hotels (CLH) sees diluted headline earnings per share (HEPS) in the six months ended December 31 2015 up 16% to 21% to between 439.9c and 458.8c from 379.2c in the comparable year-earlier period.
BEIJING - Chinese property giant Wanda, owned by one of the country's richest men Wang Jianlin, is reassessing plans for a historic Madrid skyscraper, it said Thursday, amid a dispute over its redevelopment.
PPC says overall cement sales volumes fell 3% in the first trading quarter of the year, despite final antidumping duties having been implemented in midDecember on Portland cement originating in, or imported from, Pakistan.
ITALTILE’s integrated supply chain, better stock-management and improved customer experience would see the seller of taps and tiles report solid half-year earnings, the company said in a trading statement yesterday.
Italtile (ITE) says headline earnings per share for the six months ended 31 December 2015 are expected to be between 42.8c and 44.3c‚ reflecting an improvement of between 20% and 24% on the previous comparable half-year.
RESILIENT real estate investment trust (Reit) expects to boost its dividend by up to 26% for the second half of its financial year, thanks to the effects of capital raisings and exposure to offshore property.
Property group Resilient said on Thursday its dividend for the six months to end December is expected to be between 230.17c and 233.88c per share‚ an increase of between 24% and 26% on the 185.62c per share for the six months to December 31 2014....
UNTIL recently, Growthpoint Properties and Redefine Properties were the largest listed South African real estate groups, leaving institutional investors with limited choice.
In the past few years, however, counters such as New Europe ...
THERE is concern that spooked South African investors may get their fingers burnt as they shift their money to offshore property stocks in a bid to counter the effects of a depreciating the rand.
UK MALL owner New Frontier Properties, which has attracted South African investors seeking a rand hedge, plans to list on the JSE main board by the middle of the year.
CEO Mike Riley said the company expected to achieve a forward yield...
Property group Capital & Regional (CRP) jumped 5.77% to R16.50 on
Thursday after saying it expects to declare a final dividend of at least 1.5p on
March 4 when it releases its results for the year ended December.
Real estate developer Tradehold (TDH) fell 2.54% to R28.05 by Wednesday
afternoon after saying negotiations announced in November had not been concluded
yet.
If successfully concluded‚ they may have a material effect on the pric...
BUILDING material retailer Cashbuild jumped 8.3% yesterday after saying its December quarter revenue had grown 15% from the matching period in 2014. Its revenue over six months was 14% higher than in the previous year.
JSE-listed City Lodge Hotel Group opened the first phase of its new 148-room City Lodge Hotel Newtown in downtown Johannesburg this week, signalling a vote of confidence...
Cashbuild (CSB) revenue rose 15% in the second quarter of its current financial year‚ compared with the second quarter of its prior financial year‚ the group said in an operational update on Tuesday.
CAPE TOWN — The embattled construction industry faces even deeper trouble with the threat of criminal and civil charges over the fixing of contracts, particularly those for World Cup stadiums, in one of the worst episodes of private-sector corru...
INTERNATIONAL Ferro Metals SA (IFM SA), the domestic subsidiary of the London-listed ferrochrome producer put into business rescue in August, has applied to court to compel Anglo American Platinum’s Rustenburg Platinum Mines (RPM) to continue su...
Cementation Canada‚ a wholly owned subsidiary of Murray & Roberts‚ has bought Merit Consultants International‚ a provider of project and construction management services to clients in the mining indust...
Group Five has played down a JSE warning on Monday stating it faced suspension for the late submission of results‚ explaining this involved debt instruments listed by a subsidiary and not the holding company’s ...
MOE Shaik, a former top spy, is a changed man who speaks a different language today. Acronyms such as Return On Investment (ROI) and Return On Equity (ROE) roll off his tongue — signifying a huge change in a man who ...
