Annuity Properties (ANP) said on Monday it had acquired Clearwater Office Park for R258.52 million in cash.
Company seeks listing in order to raise capital to pursue investment opportunities in order to help it grow to a R5 billion mixed commercial/industrial portfolio
SA property brand Primegro is to be reborn and listed as a property loan stock company on the JSE in the second quarter of this year.
Following Competition Tribunal approval of the take over this week, the empowerment deal will see CBS delist from the Johannesburg Stock Exchange and the formation of a new board
CBS Property Portfolio has completed a remarkably successful maiden year as a JSE-listed property loan stock investment and holding company.
CBS Property Portfolio will embark on a strategic development alliance with Zenprop Property Holdings
Growthpoint Properties has acquired the Investec Sandton head office at 100 Grayston Drive and Investec's Cape Town foreshore building, as well as the use of 580 parking bays at Merchant Place Parkade, for a total consideration of R975 million.
Listed property may be everybody's favourite JSE sector but, like a newly discovered celebrity without table manners, its corporate governance is generally an embarrassment
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