Dealing with other people's money carries a fiduciary duty and responsibility. When making decisions regarding fund managers in whom to place your trust, it is important to assess them carefully and with due diligence.
Vunani Property Investment Fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani Property Asset Management Proprietary Limited to Texton Property Investments Proprietary Limited at a meeting held in Johannesburg today.
Dipula Income Fund today announced that it has agreed to acquire the Gillwell Taxi Retail Park development in the East London CBD, situated in the Buffalo City Metropolitan Municipality of the Eastern Cape province.
Dipula Income Fund today reported growth of 7.0% in combined A- and B-linked distributions for the year ended 31 August 2013, delivering on its guidance to investors.
A strong argument can be made that unlike the resources sector, which has captured most of the headlines around black economic empowerment (BEE), in the listed property sector empowerment policies have worked.
The listed property sector has not a single woman CEO and only one chairwoman, but the past decade has seen women rise to senior executive positions.
THE state’s sale of nonstrategic properties could more than double the size of South Africa’s listed property sector and see transformation in the industry significantly accelerated.
Delta Property Fund, a black-managed and substantially black-owned property fund with significant exposure to government tenanted offices, today reported its maiden annual results for the year ended 28 February 2012.

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