Furthering its strategy of growth through acquisition, Prima Property Trust today announced its purchase of a portfolio of properties for R82 million from Ellerine Holdings.

Prima Property Trust has agreed to purchase a portfolio of 45 properties from Ellerine Bros for R198,1 million, at a yield of 13,7% in its largest single acquisition to date. This transaction is effective 1 October 2004.

Thursday, 31 July 2003 02:00

Broll to manage fund's property.

The Joint Municipal Pension Fund has awarded the management of its property portfolio, worth more than R500m and including 30 properties with more than 210000m² of lettable area, to Broll Property Group.

Monday, 27 January 2003 10:01

Braamfontein beats exodus crisis

Despite the oversupply of office space, rising vacancies and the well-publicised exodus from the CBD, Braamfontein is holding its own.

Friday, 09 February 2001 03:01

Property Shares

There aren't any easy bargains to be picked up along the way Two years ago you could have bought virtually any property share, property unit trust (PUT) or property loan stock (PLS) and made money.

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