While economic conditions remain challenging, Redefine Properties (JSE: RDF) continues to align its strategy to long-term trends and proactively manage liquidity through the recycling of non-core assets.

RDI, the income focused UK-REIT, has agreed three new high quality lettings at two of its retail parks delivering an average uplift of 40% on gross annualised rents reported for the year ending 31 August 2018.

Vukile Property Fund today reported 7.7% growth in dividends to 168.82 cents per share for the year to 31 March 2018 on the back of higher second-half distribution growth of 7.9%.

Tuesday, 12 December 2017 14:37

Waterfall wins International Property Award

At a ceremony held at the iconic Savoy Hotel in London on 4 December, Waterfall Management Company was awarded the International Best Mixed-use Development 2017/2018 for the Waterfall development.

Building on its globally-recognised Integrated Facilities Management business, JLL (NYSE: JLL) today announced that it has reached a definitive agreement to acquire Integral UK Ltd., the UK's leading provider of mechanical and electrical property maintenance, in a move that will make JLL one of the largest mobile engineering services providers for property worldwide.

Proposed merger between Atterbury Property Fund Proprietary Limited (Atterbury Fund) and Riverwalk Office Park Proprietary Limited (Riverwalk Company) and Club Retail Park Proprietary Limited (Club Retail Company) (Target Firms).

Laurence Rapp has been appointed Chairman of the SA REIT Association, which is tasked with representing the South African listed REIT sector, one of the most active and innovative sectors on the JSE.

Redefine International strengthens its executive management team with the appointment of Adrian Horsburgh to the board.

Redefine International completes the sale of the Lyon House and Equitable House sites in Harrow for GBP13.77m.

Nedbank has approved a R150 million loan to Proventus Property (Pty) Ltd, providing takeover finance for a R310 million portfolio of properties within the group. 

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