Tuesday, 05 October 2004 02:00

Rental levels, lower rates lift Redefine

Listed property loan stock company Redefine Income Fund reported solid financial results yesterday, announcing a 7,56% increase in distributions to unitholders for the year ended August .

Listed property is a better investment than residential property because as investors can earn double the yields without administrative hassles, says a BoE Private Clients analyst.

Wednesday, 08 September 2004 02:00

Emira raises occupancy and outlook

Property unit trust Emira Property Fund, which listed on the JSE Securities Exchange SA in November last year, has managed to significantly reduce vacancies in its property portfolio, having let about 20552m² of space in the past seven months.

Hybrid property loan stock company Redefine Income said on Friday that it had disposed of its entire holding of 9,69million units in the listed property unit trust Sycom at an average price of R10,35 a unit.

Commentators say move may boost confidence in SA and lead to increase in letting of office and industrial premises

 

Spearhead Property Holdings, the JSE Securities Exchange listed company, has increased its portfolio by a massive R33 million as a result of making two large new purchases, both at the Cape. These will take the total value of Spearhead’s assets up to well above R600 million – and keep it on track to achieve its target of a R1 billion portfolio within the next three years – possibly even sooner.

Wednesday, 28 July 2004 02:00

Listed property a safer bet

WITH the buy-to-let property market softening in some areas of SA, the average investor with surplus capital is advised to consider investing in the less risky listed property sector.

Property sale increases retail exposure

Monday, 19 April 2004 02:00

Excellent reaction to Spearhead results

Reaction to the six month results ending December 31st 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "exclusive category of real performers on the JSE Securities Exchange".

 

REACTION to the six-month results ending December 31, 2003 from Spearhead Property Holdings has been excellent and the company is now increasingly seen as being in the "category of real performers on the JSE Securities Exchange", says Mike Flax, CEO of Spearhead.

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