Singapore developer makes a surprise AUD$2.59 bn cash offer for Australia's Australand, as a bidding war breaks out.

The Investec Australia Property Fund ("IAPF") listed on the main board of the JSE on 23 October 2013.

Intu says it will buy two regional malls and a retail park in the UK for R16bn from Australian shopping centre giant Westfield.

Growthpoint Properties Limited today reported distribution growth of 8% for the six-month interim period to 31 December 2013, outperforming original market guidance.

Redefine International P.L.C was the top performing share on the JSE in December 2013, delivering 22% growth in share price during the month, according to Bloomberg.

London's West End unseated Hong Kong-Central as the world's highest-priced office market, but Asia continued to dominate the world's most expensive office locations, accounting for four of the top five markets.

Redefine Properties has completed its maiden direct offshore property acquisition, obtaining a 50% share in the landmark Northpoint Tower located in North Sydney, Australia.

Growthpoint Properties has acquired a strategic site in Blackheath, Cape Town for a quality, tenant-tailored industrial property development.

Wednesday, 04 December 2013 13:03

Shopping giant Westfield to split mall empire

Westfield Group announces plans to split its international and Australian assets in a reshaping of its global empire designed to unlock more value for investors.

Growthpoint Properties has completed an extensive R10 million warehouse upgrade for Sasko, a division of Pioneer Foods, one of South Africa's leading food and beverage companies.

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