Contact Us |
National fashion retailer Next is set to treble in size in Burton upon Trent when it relocates to the former BHS store.
Rebosis Property Fund, the JSE’s first listed black-managed REIT, sustained strong distribution growth for the year ended 31 August 2016.
Value of shopping centre owner New Frontier Properties' assets has been under pressure.
Rebosis Property Fund is positioning itself for a rerating, which will attract larger investors and enable the company to join global indices.
US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.
Rebosis Property Fund, the JSE’s first listed black-managed REIT, today released robust interim financial results for the six months ended 29 February 2016.
The argument has often been made that the reason the SA listed property sector has delivered good returns over time, apart from a declining yield environment, is primarily due to its predictable and growing income stream.
UK REIT New Frontier Properties reported a recurring profit of £2,232,000 for the period which is slightly ahead of expectations after taking into account the timing of the purchase of The Houndshill Shopping Centre in Blackpool part way through the period.
According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a negative total return (-6.12%) for the month ended 31 December 2015.