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Wednesday, 22 March 2017 11:16

How to dodge a downturn

In times of weak economic growth, companies need to be that much smarter to survive and thrive.

Resignation of chief executive officer and director of GPI.

Indluplace Properties Limited, the first residential focused property portfolio listed on the JSE, today announced that it has concluded an agreement with Diluculo Investments Pty Ltd to acquire Diluculo Properties Pty Ltd which owns a property portfolio of 1 319 residential units for R475 million.

JSE listed Echo Polska Properties (EPP) - the leading Polish property group - today released maiden annual results for the period to December 2016 ahead of forecast, with distributions of 3,14 euro cents a share for the period 1 September to 31 December 2016 beating the pre-listing forecast by 2,2%. 

JSE specialist shopping centre REIT, Hyprop, reported strong double-digit growth in distributions for the six months to December 2016 (the period) off the back of a solid performance from the South African shopping centres, supported by the inclusion of distributable income from the newly-acquired South-Eastern European portfolio.  

MAS Real Estate Inc (“MAS”), a commercial property investor, developer and operator listed on the main board of the Johannesburg Stock Exchange (“JSE”) and the Euro-MTF market of the Luxembourg Stock Exchange (“LuxSE”).

Tuesday, 21 February 2017 12:11

Stor-Age close R500 million acquisition

JSE self storage REIT, Stor-Age, today announced that it had raised R400 million in a significantly oversubscribed book build to fund its milestone acquisition of Storage RSA (“RSA”), one of the country’s largest private self storage operators. 

Listed property company Tradehold (JSE:TDH) has completed its acquisition of the Collins Group, with the purchase of the Collins Group’s South African property portfolio, as well as its property development and management business.

JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) announced today that it’s Black River Park, an office precinct in Cape Town has been adjudged the winner in the Sustainable FM Operations category at the recent South African Facilities Management Association (SAFMA) Awards.

Springs Mall is ready to open next month when it will introduce new world-class shopping and entertainment and a magnificent new landmark to the Ekurhuleni city of Springs.

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