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The Momentum Africa Real Estate Fund (“MAREF”) held its final close on 28 February 2017, raising a total of $170m.
Warren Schultze, CEO of Eris Property Group (Pty) Ltd, recently appeared on CNBC Africa discussing the opportunities available to investors in Africa and Eris involvement with Momentum in launching an African Real Estate Fund focused on Sub-Saharan Africa.
Listed property unit trust Emira Property Fund has named wellknown former property analyst James Templeton new CEO of Strategic Real Estate Asset Managers, the fund's asset managers
PROPERTY loan stock company Arnold Property Fund (A-Prop) said yesterday that it had entered into negotiations to acquire a portfolio of properties worth in the region of R312m from Momentum Property Investments.
Industry conference at last lances the boil of phoney portfolio values
RMB Properties, part of the First Rand Group, said yesterday it had overcome most of the delays relating to property transfers and was on schedule for a November 21 listing of its property unit trust Emira Property Fund.
ABSA Commercial Property Finance confirmed yesterday it would be listing a property fund in partnership with Marriott Property Services this year, while Old Mutual Properties is considering the option of listing a new fund.