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.

Tuesday, 27 July 2010 02:00

Offshore property offers rand hedge

 

South Africans will have an opportunity to own properties in Germany and the UK by buying shares in Redefine International, which is expected to have an initial market capitalisation of R2,5bn.

Thursday, 17 June 2010 02:00

Diamond operates in Oz and SA

Errol Diamond of Diamond Property Group has emerged as an international property player with an operation in South Africa for the past 16 years and one based in Australia for over 6 years

With Airports Company SA’s infrastructure upgrades complete at all 10 airports, the attention is now on the operational readiness for the World Cup.

Friday, 14 May 2010 02:00

Growthpoint rolls commercial paper

Growthpoint Properties has rolled over R350 million of 3-month senior unsecured commercial paper, which expired on 12 May 2010.

Over R350 million of 3-month senior unsecured commercial paper (CP) was made available to potential bidders

The South African property sector presents companies like Redefine with a scenario that is extremely favourable for yield enahncing deals

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