Redefine Properties CEO Marc Wainer retires from the board of Hyprop Investments.

Reinforcing its strong growth trend JSE-listed Freestone Property Holdings posted a 22% increase in its distribution for the interim period to December 2006. The distribution growth yielded a total return for the interim period of 38%, exceeding the 30% total return of the SA Listed Property Index.

Listed property loan stock company Freestone Property Holdings is introducing a commercial mortgage-backed securitisation programme to slash debt funding costs and take advantage of the more competitive interest margins in the capital markets.

Monday, 29 August 2005 02:00

Freestone beats distribution forecast

JSE-listed property loan stock Freestone Property Holdings (FSP) has reported a distribution to unit-holders of 53 cents per unit for the year to June 2005, ahead of its 52.5 cents forecast in November 2004. 

Thursday, 24 February 2005 02:00

Freestone reins in borrowing levels

Property loan stock company Freestone Property Holdings, formerly Arnold Property Fund (A-Prop), made a strong come-back yesterday, posting positive interim results and slashing its borrowings 23%.

Wednesday, 12 January 2005 02:00

Hyprop sells R93m worth of properties

Hyprop Investments has disposed of office buildings worth an aggregate R93m to a spread of parties

Hyprop Investments has disposed of office buildings in aggregate worth R93 million to a spread of parties, successfully furthering its core strategy of disposing of non-core commercial properties to focus on prime retail real estate.

A-Prop has been on a week-long roadshow to gain support from its investors for proposed changes and property acquisitions that promise to significantly improve its viability

Listed property loan stock company Arnold Property Fund (A-Prop) has been on a week-long roadshow to gain support from its investors for proposed changes and property acquisitions that promise to significantly improve its viability.

Monday, 30 August 2004 02:00

A-Prop's distribution down slightly

 

LISTED property loan stock company Arnold Property Fund (AProp) announced yesterday a total distribution of 11,5c to unitholders for the year to June 30 2004, which was slightly lower than the 14,27c distributed the previous year.

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