JSE-listed Texton Property Fund today announced that it is embarking on a planned leadership transition to tailor its executive composition to its new streamlined business structures and shifting operational needs.

Tradehold, through its UK subsidiary Moorgarth Group, has obtained council approval for the development of four residential tower blocks above its Broad Street Mall shopping centre in Reading near London Heathrow. 

Texton Property Fund today reported a total dividend of 71.37 cents per share for its full-year ended 30 June 2019.

JSE listed diversified property REIT (JSE:TEX), Texton Property Fund Limited (“Texton”), is pleased to announce the appointment of James Armstrong as a Senior Asset Manager overseeing Texton’s assets in the United Kingdom (“UK”) effective 1 May 2018.

Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced good annual results despite a challenging year, declaring an annual dividend of 102,80 cents per share.

Tradehold subsidiary Moorgarth Holdings (Luxembourg) S.à.r.l, has entered into a joint venture with Texton Property Fund to each acquire 50% of Broad Street Mall in Reading, England for approximately £30,564,000.