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, today announced robust financial results for the year ended 30 June 2016.  

Diversified property REIT, Texton Property Fund (“Texton”) today announced robust final results for the year ended 30 June 2016, declaring a total dividend of 103.63 cents per share (2015: 94.77 cps), a 9.4% increase, following the successful implementation of its diversification strategy geographically into the United Kingdom (UK) and across sectors.

Sun International’s (SUI) expansion into Latin America helped it grow overall revenue 15% to R12bn‚ but the casino group lost R503m in the year to end-June due to purchasing costs and legal settlements.

Many South African investors were recently introduced to Nomura Holdings Inc.’s new iPhone index which will most likely herald a brand new catchy acronym such as Ii or I2 (but we’ll leave that to the creatives to decide).

Basil Read is on the lookout for prospects in the rest of the continent as the local construction sector remains subdued.

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.

Liberty announces its intention to list a portion of the Liberty group's iconic property portfolio on the main board of the JSE Limited (“JSE”) as a Real Estate Investment Trust (REIT) towards the end of 2016.

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 that it is has earmarked a further US$ 110 million for investment into Mozambique.

Emira Property Fund Limited today reported distribution growth of 8.8 % per share for its full-year ended 30 June 2016, meeting its market guidance with a strong set of results for Emira investors.

Aveng’s share price jumps 13.6% to R4.60 after the construction group says its headline loss have halved in its past financial year.