Tower’s subsidiary company, TPF International Limited has expanded the scope of its operations through the recent purchase of a prime industrial property in Croatia for  €8 592 000.

Celebrity chef, author, TV personality and restaurateur Jenny Morris is opening a Yumcious restaurant at the DeVille Shopping Centre, situated on the corner of Wellington and Durban Roads in Durbanville.

Tower Property Fund has announced the launch of a separate offshore company named “TPF International”.

Tower Property Fund grows its distributable earnings by 61% to R221m in the year to May.

In a deal which catapults the fund onto a entirely new level, Tower Property Fund has purchased four retail centres in Croatia from Agrokor - the largest company in the Adriatic region.

The country’s third-largest real estate investment trust singles out 2014 as “a milestone year” for its development team.

Tower’s wobbly share price not a true reflection of group’s meteoric rise.

Tower Property Fund has announced its largest acquisition to date – a Euro 66 million deal that sees the fund expanding its offshore presence through the purchase of four retail centres in Croatia.

Tower Property Fund conclude preliminary agreement with Agrokor d.d and Konzum d.d to acquire 4 Konzum stores and shopping centres in Croatia for €66 386 227 less the amount of debt in the Dubrovnik company.

In July of 2015 Tower Property Fund announced its decision to establish an offshore presence through the purchase of a newly built office tower, VMD Block B, in Zagreb, Croatia.

Page 1 of 4

Most Popular

Exceptional festive retail performance reported from Flanagan & Gerard shopping centres

Jan 31, 2019
PAUL GERAD
Strong December retail trade was recorded by the Flanagan & Gerard Property Development &…

Unlocking property ownership for entrepreneurs is a key to building a legacy

Jan 30, 2019
GEORGE MUCHANYA
Four property industry experts share their insight into thriving in the property…

RDI Completes Three Retail Park Lettings to Strong Covenants on Favourable Terms

Jan 30, 2019
ADRIAN HORSBURGH
RDI, the income focused UK-REIT, has agreed three new high quality lettings at two of its…

Growth in household credit balances accelerated in 2018 from 2017

Jan 31, 2019
Jacques Du Toit Absa Home Loans
The value of outstanding credit balances in the South African household sector increased…

Please publish modules in offcanvas position.