Commercial property in the US, Canada, and Australia outperforms Europe in the first quarter of 2012; this as the UK market adapts with shorter lease terms in order to match business risk and flexibility requirements

Murray & Roberts Holdings says its expected loss for the Gorgon Pioneer Materials Offloading Facility on Barrow Island, Western Australia, has widened by an estimated R520m.

South African retail investment trusts offer better value than their UK and Australian counterparts, according to Angelique de Rauville.

Emira Property Fund has followed its R117m investment in Growthpoint Properties Australia (GOZ) made earlier this year with another R117m investment in the Australian-based real estate investment trust (REIT)

Wednesday, 22 September 2010 02:00

Growthpoint issue 4.3 times over-subscribed

Growthpoint Properties Limited has announced that it has issued R200 million of 3-month senior unsecured commercial paper (CP)

Redefine International says that part of the capital raised in its private placement of units will be used to subscribe for additional shares in Redefine International plc.

Wednesday, 25 August 2010 02:00

Growthpoint distribution up 5.8% to 121.2c

Growthpoint Properties has reported that its distribution growth for the year ended June 2010 increased by 5.8% to 121.2c per linked unit.

Redefine is on track to list its subsidiary, Redefine International, on the JSE on 7 September 2010, providing South African private and institutional investors with the opportunity to utilise Rands to invest in an international portfolio of properties

Emira Property Fund announces a distribution of 108.08 cents per participatory interest (PI) unit for the 12 months ended 30th June 2010 – 6.75% up on the previous year

 

South Africa's largest listed property group Growthpoint Properties announced on Tuesday that Growthpoint Properties Australia (GOZ) has acquired a portfolio of seven direct property assets from the Property Solutions Group for AUS$172 million.

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