Is the furore surrounding new accounting requirements on operating leases a storm in a teacup?

Monday, 23 May 2005 02:00

Ambit sets sights on R1bn mark

Listed property loan-stock company Ambit Properties says it plans to build up its assets to R1bn this year.

Monday, 22 November 2004 09:14

Ambit's results trump its forecasts

Listed property loan stock company reported positive maiden interim results on Friday, announcing that its distributions to unitholders were 4,7% higher than its initial forecast

The past 18 months have seen a flurry of corporate activity in the listed property sector with property acquisitions, mergers and new listings invigorating the sector and commentators expecting this trend to continue in the medium term.

JSE-listed Ambit Properties’ cross-border investment in Oryx Properties Ltd, Nambia, is bearing fruit.

Wednesday, 04 February 2004 02:00

Ambit Properties to list today

PROPERTY loan stock company Ambit Properties, a joint initiative of Absa Commercial Property Finance and Marriott Holdings, will list today on the JSE Securities Exchange SA.

 

Soon-to-be listed property loan stock company Ambit Properties, a joint initiative by Absa Commercial Property Finance and Marriott Holdings, has purchased phase one of Barrow Properties' Thornhill Office Park development in Midrand for R42m.

Monday, 19 January 2004 02:00

Ambit Properties eyes R1bn portfolio

 

Pretoria - Ambit Properties, a joint initiative of Absa Commercial Property Finance and Marriott Holdings due to be listed on the JSE Securities Exchange next month, has a short- to medium-term objective of growing the value of its portfolio to more than R1 billion.

Thursday, 15 January 2004 02:00

Ambit acquires stake in Oryx

Firm's goal is to diversify outside SA

Thursday, 15 January 2004 02:00

First of an expected spate

We have been promised a spate of property listings this year, and the first is upon us - and it's also the first new listing of the year of any kind

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