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, announced a planned capital raise of up to US$ 193 290 648 to fund a number of recently announced, yield accretive acquisitions.  

The ratings agencies have been circling for months with many fearing a downgrading to junk status, and South Africa’s economic growth rate has been narrowed from 0.8% in February to 0.5%.

A two-speed cycle appears to have evolved in emerging economies with some racing ahead and others lagging behind.

Tony Smedley speaks about the fund's plan to raise new capital to help fund an investment pipeline of around EUR150m.

The JSE’s only listed specialist logistics property developer and landlord, Equites Property Fund Limited, today announced a 20% increase in half year distributions to 54.44 cents per share.

Tuesday, 06 September 2016 14:35

Mara Delta to create Morocco Reit

Mara Delta is set to convert its Moroccan subsidiary into a real estate investment trust by the end of 2016.

Liberty whose investments include the iconic Sandton City – “the richest square mile in Africa” – announces its intention to list a portion of its premium property portfolio on the JSE as a Real Estate Investment Trust (REIT), to be called Liberty Two Degrees before the end of 2016.

Globe Trade Centre S.A., a well-established developer and property manager in the CEE and SEE regions, became the first Polish inward listed company when it listed on the main board of the JSE today.

Echo Polska Properties (EPP), which lists on the JSE in September following a listing on the Euro MTF market of the Luxembourg Stock Exchange (LuxSE) in August, remains excited about the prospects for the Polish real estate market despite the current volatility in Europe and other markets around the world.

Resilient increases total distributions for its financial year by 25.1%, thanks to the effects of capital raising, a solid performance from its property portfolio and a weaker rand.

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