Attacq limited ("Attacq") - a leading South African capital growth property company listed on the JSE -announced its full-year results today since listing on the JSE on 14 October 2013.
The cost of renovating the Mall of Rosebank contributed to Hyprop Investment's profit falling in the year to June, but it raised its distribution 11.3% to R4.72.
Continuing its trend of sustainable distribution growth, Hyprop Investments Limited today announced interim distribution of 231 cents per unit for the six months to December 2013, up 9,5% on the corresponding period in 2012.
Attacq poised for a year of growth. Since its successful JSE listing on 14 October 2013, its share price has consistently traded around the R18 mark with strong demand and positive sentiment.
Hyprop Investments Limited today announced that it reached agreement with African Land Investments to acquire 87% of the issued shares in African Land for a consideration of R768m.
Five years ago, SA investors who wanted exposure to offshore property had only one JSE-listed option: the former Liberty International.
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