MAURITIUS. London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 31 December 2019.

Hammerson plc ("Hammerson") today announces that, following the clearing of the City of Paris pre-emption right, it has completed the sale of the 75% stake in the Parisian shopping destination Italie Deux to AXA Investment Managers - Real Assets for €430m (£362m)*.

Mauritius Grit, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, announced today that it will officially seek approval from the UK Listing Authority to proceed with its listing on the main market of the London Stock Exchange (LSE).

Leading SA REIT Growthpoint Properties has commenced its multi-million Rand development of a new head office for Exxaro, one of the largest and foremost empowered South African-based diversified resources companies.

Growthpoint Properties is developing a bespoke new steel manufacturing and galvanising facility in Boksburg East, Ekurhuleni, Gauteng, for Maxishare, a leading supplier of steel welded mesh.

JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has successfully raised Euro 150 million through the launch of a five year exchangeable bond programme to be listed on the Frankfurt Stock Exchange, with the proceeds to be used in part settlement of the bridge facility used to fund its recent investment into Poland.

SA’s second-largest listed property group, Redefine Properties, is eyeing the European and Australian property markets from next year and plans to raise capital for acquisitions in these markets.

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