Growthpoint to take its South African pitch on Investec's UK road show in the hope of attracting European customers
Listed property loan stock company Redefine Income Fund said yesterday that it had purchased nine properties with long leases from the Collins Property Group for R252,5m at a forward yield of 10,7%.
With privately owned funds offering stiff competition for assets, many listed funds are turning to development option
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.
Old Mutual will redevelop Nelspruit's Riverside Mall in a R130m expansion that will see a number of top retailers added to the existing tenant mix.
Nelspruit’s Riverside Mall shopping centre is to be redeveloped by Old Mutual in a R130 million expansion that will add a host of top retailers to the existing tenant mix.
Buffalo City Municipality has bought the five-floor Old Mutual building on the corner of Oxford and Terminus Streets for R7,4m.
CONSTRUCTION and building materials retailer Iliad Africa's earnings rose steeply in the year to December, following its acquisition of Corpbuild from Corpcapital, and amid organic growth.

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