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Emira Property Fund has increased its spread of funding significantly over the past two years and now has funding facilities with six different banks, supporting a better risk profile, improving its refinancing risk and minimising its cost of capital.
Ground was broken for the first time at the 10-storey Infinité high-rise residential development in Bedfordview, Johannesburg, in an historic ceremony held on Sunday.
Mara Delta, (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced robust financial results for the year ended 30 June 2016.
Mara Delta (formerly Delta Africa) announced its acquisition of a 50% interest in a new A-grade Zambian retail property from Rockcastle Global Real Estate Company.
Nedbank Capital and the Bank of China Johannesburg have jointly announced the raising of debt capital to fund a new entrant into the Southern African cement industry, namely Mamba Cement.
AECI shares close near record high‚ after announcing it has received a payment guarantee for the sale of land to Shanghai Zendai Property.