South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced that it is considering a strategic partnership with Resilient REIT Limited (“Resilient”) in a R1 billion transaction that will see Dipula optimise its capital structure and benefit from the retail property and deal-making experience of Resilient to create further shareholder value.

Greenbay Properties plans to raise R1.75bn through the issue of new shares, in line with its investment policy.

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.

Resilient property stable is raising capital for its latest Europe focused real estate fund.

New Europe Property Investment is a story is now synonymous with robust growth.

Resilient Reit is putting on ice its plans to build 10 shopping centres in Nigeria.

As if on cue, shares in the suitably named Resilient REIT roared, entrenching themselves in the pound seat, after the firm churned out yet another bumper set of earnings numbers.

Fortress is expected this week to make a firm offer to Capital Property Fund’s shareholders to take over the fund after expressing an interest in a takeover since May.

When Redefine Properties unexpectedly announced in August last year that founder Marc Wainer would step down as CE, shareholders no doubt had a few sleepless nights.

Resilient Property Income Fund’s strategy to be the leader in African continental property management is set to gain momentum.

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