Moody's Investors Service has affirmed NEPI Rockcastle’s long-term credit rating and senior unsecured rating at ‘Baa3’ and changed the outlook from positive to stable.
Following S&P Global Ratings’ confirmation of NEPI Rockcastle’s BBB/Stable/-- rating in response to the publication of a report on NEPI Rockcastle by Viceroy Research.
Investec Australia Property Fund, the only inward-listed Australian REIT on the JSE, today announced an interim distribution of 5.05 AUD cents per unit (cpu) pre-withholding tax (WHT) and 4.65 cpu post-WHT (2017: 4.95 cpu pre-WHT and 4.64 cpu post-WHT).
JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has reported a solid performance for the full year to end August 2017, after lifting full year distribution 7% to 92 cents per share.
AfriSam Group (Pty) Ltd (AfriSam) is pleased to announce that it submitted a revised merger proposal to PPC Limited (PPC) and that Fairfax Africa Investments Proprietary Limited (Fairfax) has made a Partial Offer to acquire ordinary shares in PPC representing a value of R2 billion held by PPC shareholders.
Mara Delta, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the continent outside of South Africa, today announced that it successfully raised US$ 121 215 554 in a well-supported rights offer.
Arrowhead Properties currently has two classes of ordinary shares, Arrowhead A ordinary shares and Arrowhead B ordinary shares.
JLL’s latest thought leadership research paper ‘Spotlight on Africa: Opportunity on the Horizon’ explores the investment potential of hotels in Africa, and notes a significant improvement over the past decade, though it is not without its challenges.
Capital & Regional is granted permission to take up a secondary listing on the JSE, exposing South African investors to a property portfolio worth about GBP1bn or R21bn.
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