Old Mutual plc (OML), the London and South African-listed financial services company that is South Africa's largest life insurer, has reinforced its support for troubled banking subsidiary Nedcor (NED), while…
Posted On
Thursday, 01 April 2004 02:00
Published by eProperty News
Property loan stock company Paramount Property Fund (Paraprop) said it was acquiring a retail property, as well as two office blocks, for a total consideration of R42,2m.
WITH most listed property unit trusts and property loan stock firm s trading at a premium to net asset value, listed propert ies are now more expensive than direct property…
REACTION to the six-month results ending December 31, 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "category of real…
PARAMOUNT Property Fund (Paraprop) declared a distribution of 12.5c for the first quarter of this year, which is 4% higher than the same period last year.
CAPE TOWN Confusion reigned at the weekend over whether JCI funded the purchase of a 16,5% stake in Rand Leases Properties (RLP) by empowerment firm Itsuseng Strategic Investments.
Posted On
Tuesday, 23 March 2004 02:00
Published by eProperty News
Shareholders yesterday gave banking group Nedcor their approval for a planned R5 billion rights issue to shore up its primary capital and meet proposed new regulations
Posted On
Thursday, 18 March 2004 02:00
Published by eProperty News
PERHAPS the two most important risks facing the property sector, both listed and unlisted, this year are an inflationary environment and poor co-ordination of vacancy marketing by property managers.
Posted On
Wednesday, 17 March 2004 02:00
Published by eProperty News
The remaining 40% of Madison Property Fund Managers (Pty) Limited has been acquired by property doyens Wolf Cesman and Marc Wainer, together with Standard Bank Properties.
Dipula Income Fund’s new lease with EOH for the Montrose Place at Waterfall Park in…
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