Ascension Properties grows its distributable earnings by R238.6m in the year to August.

Rebosis Property Fund, the JSE’s first listed black-managed REIT,  today announced that it has obtained overwhelming shareholder support to acquire two large, regionally dominant retail centres as well as the services companies from property developer Billion Group (Pty) Limited.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today announced a watershed R6 billion transaction that will substantially increase the Group’s exposure to high-quality retail assets and significantly bolster its scale and liquidity.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today released robust interim financial results for the six months ended 29 February 2016.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today released robust interim financial results for the six months ended 29 February 2016.

Rebosis reports strong annual distribution growth despite challenging economic environment.

Kameel Keshav, currently the CFO of Rebosis, was appointed CEO of Ascension Properties Limited, effective 01 October 2015. He continues as the CFO of Rebosis.

The results represent the first full year performance of Ascension since Rebosis acquired the asset manager of Ascension in February 2014.