Hospitality Property Fund continues to exceed expectations on the back of favourable South African tourism and leisure conditions

Hospitality Property Fund will acquire the 301-key 4-star Holiday Inn Sandton, adjacent to the Village Walk Shopping Centre in Sandown, for R400 million

Total return on Hospitality A-linked units total 38% and for B-linked units it amounts to a notable 116%. The Fund’s total returns during the reporting period significantly outperformed the listed property sector

Hospitality Property Fund announced today that it has concluded agreements to acquire further hotel and resort properties valued at R284,0 million

Hospitality Property Fund Limited, which invests exclusively in hotels and resorts, today announced its interim results for the six months to 31 December 2006.

Monday, 05 February 2007 02:00

Hospitality beefs up management

Hotel-focused listed property loan stock company Hospitality Property Fund has beefed up its executive management team with the appointment of a chief operating officer.

Hospitality Property Fund Limited announced that it will acquire the 4-star Richards Hotel together with neighbouring land totalling 12,960m2, the 2-star Bayshore Hotel all in Richards Bay and the 3-Star Protea Hotel Imperial in Pietermaritzburg.

Hospitality Property Fund Limited announced that it has acquired the 4-star Protea Hotel Victoria Junction for R105 million. The Protea group will continue to manage the hotel.

Wednesday, 02 November 2005 02:00

Bricks, mortar put funds on top

Strong capital growth in their underlying portfolios was the main driver of Growthpoint Properties and Sycom Property Fund's out performance of other listed property funds at the Financial Mail/Investment Property Databank (IPD) awards last week.

Thursday, 18 August 2005 02:00

Sycom’s SHG Building fills up

Sycom Property Fund’s Cape Town Foreshore SHG Building has secured a variety of new tenants including a flagship Bentley Motors Showroom, Regional Electrical Distributors (Reds) and Telkom Directory Services.

Page 2 of 4

Most Popular

Investec Property Fund launches first REIT sustainability-linked ESG bond in Africa

Apr 22, 2021
Darryl_Mayers_CEO
Investec Property Fund (‘IPF’ or ‘the Fund’) today became the first South African real…

‘SAIBPP Connect – A Networking Game Changer’

Apr 09, 2021
Vuyiswa_Ramokgopa_SAIBPP
On the 31st of March, SAIBPP is launching SAIBPP Connect, an online platform geared…

EPP’s new app takes tenant relations to the next level

Apr 22, 2021
Tomasz_Trzósło
Johannesburg Stock Exchange listed EPP, Poland’s biggest retail landlord, continues to…

4 simple rules to getting a good credit score

Apr 21, 2021
Carl_Coetzee_BetterBond_CEO
Make buying your dream home an informed purchase by knowing your credit score.

Rethinking office space in post pandemic SA

Apr 20, 2021
90_Rivonia_results
Since the beginning of the pandemic, one of the biggest questions in real estate has been…

Please publish modules in offcanvas position.