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Shareholders are advised that MAS has, through a wholly-owned subsidiary, New Waverley 20 Limited, entered into an agreement for lease with the UK government (respectively, the “Agreement” and the “Tenant”) for the office component of the New Waverley development in Edinburgh, Scotland.
Echo Polska Properties, the dual JSE and LuxSE listed ‘pure Polish property play’ announced earlier today.
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%.
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”).
Proposed acquisition of investment property co-investment partnership and cautionary announcement.
JSE- and Luxembourg-listed MAS Real Estate, reports a strong results for the year to end-June 2016‚ marked by a 63% increase in rental income and a 34% increase.
Echo Polska Properties N.V. (EPP), a leading Warsaw-based real estate investment fund debuted on the main board of the Johannesburg Stock Exchange (JSE) today under the abbreviated name “PolskProp” and JSE share code of EPP. Hadley Dean, EPP’s Poland based CEO was present to blow the traditional kudu horn to commemorate the company's entry on the JSE.
Shareholders are advised that MAS, through its wholly-owned subsidiary, Incantada Capital S.à.r.l., has completed the acquisition of a logistics centre in Munich, Germany.
Echo Polska Properties (EPP), in which South Africa’s Redefine Properties (JSE: RDF) holds a strategic 49.9% investment, lists on the JSE in September during a particularly exciting time for real estate in Poland.
Echo Polska Properties (EPP), which lists on the JSE in September following a listing on the Euro MTF market of the Luxembourg Stock Exchange (LuxSE) in August, remains excited about the prospects for the Polish real estate market despite the current volatility in Europe and other markets around the world.