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Thursday, 15 December 2016 05:27

Giant property tie-up

Merger of Nepi and Rockcastle Global Real Estate looks set to go ahead with the announcement of a deal that should create the largest listed property company on the JSE.

Growthpoint Properties Limited today posted distribution growth of 6% for its full year to 30 June 2016, delivering results at the top of its market guidance.

Resilient property stable is raising capital for its latest Europe focused real estate fund.

New Europe Property Investment is a story is now synonymous with robust growth.

Growthpoint Properties Limited today reported distribution growth of 6.0% for its six-month interim period to 31 December 2015, delivering performance at the top end of its market guidance.

Things at the country’s largest REIT by gross assets are not looking up. Growthpoint ended 2015 on a soft note after lopping off a fortune in investors’ funds. Figures from Catalyst Fund Managers are dispiriting from an investor’s angle.

Growthpoint Properties today announced it will be entering real estate investment in several African markets outside of South Africa.

Redefine International CEO Mike Watters believes the refocusing of the group's strategy to invest only in Germany and the UK has made its 2015 financial year a success.

Redefine Properties’ drawn-out battle to acquire Fountainhead Property Trust is nearing its end.

Redefine Properties' prolonged effort to take over Fountainhead Property Trust collapses after the company failed to win over enough shareholder support.

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