The Estate Agency Affairs Board was receiving "a flood" of claims against its fidelity fund from ex-clients of Yellow Button Property Management (Johannesburg), a former subsidiary of listed property company…
The impressive levels of growth in the listed property sector have fuelled a belief that listed property is more accessible, more liquid and more easily traded than direct property.
The JSE Securities Exchange and the FTSE announced yesterday that following the suspension of Gilboa Properties, the company would be deleted from the index with effect from tomorrow.
Property loan stock heavyweight Redefine Income Fund announced on Tuesday that it would be paying an interest distribution of 6,5c to its unit-holders for the final quarter to August, slightly…
A Number of property unit trust companies are restructuring and transferring properties from their fixed-property companies to take advantage of capital gains tax benefits.
Habitat Property Investments, South Africa’s first residential property income fund which is set for a JSE listing shortly, has acquired the Academia student complex in Stellenbosch for R29,6 million from…
Property company Redefine Income Fund has reported headline earnings per linked unit of 29.75 cents for the year ended August compared with 37.07 cents for the previous year.
Listed property company Rand Leases Properties reported a loss of R2,6m for the year to June, and attributed this to its repositioning as a development company and the disposal of…
Property investors and developers Sable Holdings says the substantial drop in its operating and net profit for the year ended June 30 was due to the strengthening rand, which negatively…
A 11 000 sqm specialised surgical hospital development by Growthpoint Properties (JSE:…
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