Growthpoint Properties, the largest listed South African property company on the JSE and the largest REIT in emerging markets, has launched a DR programme.
Commercial property investors and anyone interested in understanding SA’s listed property sector in a global context should plan to attend the SA Property Owners’ Association (SAPOA) International Convention and Property Exhibition later this month at Sun City.
In 1943, Thomas Watson, the chairman of IBM at the time, was reported to have said when he saw the computer: “I think there’s a world market for maybe five.” If only he had known that what started as just an acorn would grow into the mighty oak of the personal computer revolution?
A consortium of the Wapnick family and Octodec announced a partial offer to acquire 10% of the linked units held by Premium unitholders.
Listed property loan-stock company Ambit Properties says it plans to build up its assets to R1bn this year.
ApexHi Properties Limited has continued to maintain high trading volumes, with more than 45% of its units in issue trading in the nine months ended 31 March 2005.
Although some listed property companies have recently considered aggressively growing their portfolios through hostile takeover bids, such opportunities are limited in the medium term, property commentators say.
Growthpoint Properties, the largest listed property fund on the JSE Securities Exchange SA, is set to further consolidate this position
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.