Lodon- Actis Capital, a London-based buyout firm that invests in African and Asian companies, has committed $40 million (R252 million) to build a shopping mall in Lagos, Nigeria's biggest city.
INDUSTRIAL property loan stock company Metboard Properties says the small increase in its distribution this year is due to an increase in fund expenses, as it implemented a market-related asset management fee for the first time.
THOSE of us who live in SA's major cities (37% of us, according to a new report) know very well the dramatic contrasts which make up our large urban environments, but we seem to struggle to come up with new ways of thinking about where we are going.
Property group Hyprop (HYP) announced a 376 million rand rights offer, which has been split into a 124.65 million rand raised by issuing nine million shares, and with the balance offered to existing shareholders at a price of 13.50 per unit in the ratio of 19 units per 100 held. The rights offer will not be underwritten.
Commentary on the state of the local councils
Property loan stock company Atlas Properties (ATS) has reported a total distribution to unit holders of 41.8 cents per unit for the six months to end-March 2004, up from 39.4 cents a unit for the comparable period a year earlier.

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