Ingenuity Property Investments sees its headline earnings per share fall 23% from 4.7c to 3.6c in the year to August amid difficult market conditions.

Tradehold steamed ahead to end October firmly in the black – extending an impressive run for the year, barring a few exceptions when it softened.

Property development and investment group, Ingenuity Property Investments Ltd, grew its asset base by 20% in the year to end August 2015 with its investment property portfolio increasing to just over R3billion (2014: R2.5billion) and investment property under development to R247million (2014: R183million).

Glacier Place, the third office block in the Santam office park in Tyger Valley which was developed by JSE- listed property investment and development company, Ingenuity Property Investments, has been awarded a Four Star Green Star Office v1 As-Built rating from the Green Building Council of South Africa (GBCSA).

Ingenuity Property Investments says it expects headline earnings per share to rise between 115% and 125% for the six months ended February.

Rabie Property Administrators (RPA) is to retain the management of nine prime Cape Town properties Ingenuity Property Group is acquiring in a R866m deal from the privately held Century City Property Investment Trust (CCPIT).

Ingenuity Property Investments says its portfolio continued to perform well in the six months to February 28 and net asset value per share rose to 76c from 67c.

Drawing on its expertise and experience as the market leader in the commercial property finance industry, Nedbank Corporate Property Finance Cape has tailored a custom-made finance deal for Ingenuity Property Investments Limited

Property doyen Rodney Squire-Howe has been appointed as an independent non-executive chairman and director of the board of property investment company, Ingenuity Property Investments Ltd