News Search

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.

Monday, 19 September 2016 11:23

Attacq sees spurt in asset value

Capital growth fund Attacq grows its net asset value per share 15.3% in the year to June.

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.

MAS Real Estate Inc. (“MAS”), a commercial property investor, developer and operator listed on the JSE and Bourse de Luxembourg, today reported exceptional results for the year ended 30 June 2016, marked by a 63% increase in rental income and a 34% increase in final distribution to 4,50 euro cents per share.

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.

The SA Listed Property Index (SAPY) recorded a negative total return (-0.50%) for the month ended 30 November 2015. 

Attacq’s much-talked-about Mall of Africa, the largest single-phase shopping centre yet to be built in SA, is more than 90% let and on track to open its doors at Waterfall City in Midrand.

Attacq Limited, the pioneering JSE-listed capital growth property fund, today posted growth of 20.6% in net asset value for shareholders and growth in adjusted net asset value per share (NAVPS) of 17.9% for its full financial year to 30 June 2015.

Property group MAS Real Estate’s restated basic and diluted earnings per share for the interim period to end December 2014 amounts to 6.74 euro cents.

Page 1 of 3

Most Popular

Calling all Cape Town owners and managers of commercial buildings and operations: Let’s talk energy and water

Mar 04, 2017
CoCT Energy Efficiency Forum
Join us for the Energy Efficiency Forum on 16 March at 8:30 for 9:00 until 12:30 followed…

REBOSA opposes racist property advertisement in the strongest terms

Mar 02, 2017
Jan le Roux REBOSA
The real estate industry has been placed under an uncomfortable spotlight yet again with…

Making green affordable housing a reality

Mar 07, 2017
Belhar Gardens
Nedbank Corporate and Investment Banking (NCIB) today announced that is has made the…

Gallo Manor one of Joburg's best kept secrets - Property market remains upbeat in sought after Sandton suburb

Mar 11, 2017
Gallor Manor R2 85 million
One of Johannesburg’s best kept secrets is Gallo Manor, a leafy residential suburb…

High demand for woodstock and Salt River industrial units

Mar 02, 2017
Industrial property Salt River
Accessibility, affordability and the current revitalisation project makes the Woodstock &…