Listed property loan stock company has announced a R184m empowerment deal for two broad-based empowerment consortiums to acquire altogether 15% of the company

Siyathenga Property Fund Limited is pleased to announce that it has concluded a significant empowerment transaction, whereby two broad-based consortia are to acquire an aggregate interest of 15% in the company

Siyathenga Property Fund Limited today announced its final distribution of 30,00 cents per linked unit for the six months to 30 June 2007 which, together with the interim interest distribution of 27,5 cents per linked unit, brings the aggregate distribution for the year ended 30 June 2007 to 57,5 cents per linked unit.  This represents a 10,61% increase compared with the prior year’s annualised distribution.

Investment holding company Mettle has announced a R92,6m offer for the assets and liabilities of land development group iProp.