PARAMOUNT Property Fund (Paraprop) declared a distribution of 12.5c for the first quarter of this year, which is 4% higher than the same period last year.

Monday, 02 February 2004 02:00

Paraprop predicts growth in 2004

LISTED property fund Paramount Property Fund (Paraprop) believes the outlook for the property market for 2004 is reasonably good and that the economy is well positioned for growth in line with anticipated expansion in the world economy.

Friday, 23 January 2004 02:00

Paraprop sets sigths on property purchases

 

Cape Town - Paramount Property Fund (Paraprop) plans to grow its R906 million property portfolio again as the outlook for the property market for 2004 was reasonably good and the economy was well positioned for growth in line with the anticipated expansion of the global economy.

Claremont landmark goes to property fund for R52.5m

Tuesday, 16 September 2003 02:00

Paraprop adds to property portfolio

Paramount Property Fund Ltd has purchased five separate properties for a total of R38.55m to add to its portfolio

Monday, 15 September 2003 02:00

Grey shoes shuffle in at Paramount

Struggling Rondebosch-based property trust Paramount, a self proclaimed ‘new generation’ contender, is looking to crawl out of a low yielding mire with the help of banking conglomerate Absa.

The listed property loan stock company, Paramount Property Fund (Paraprop) has concluded a deal with Absa Bank, whereby Absa will subscribe for 17 537 000 Paraprop linked units with effect from September 1 2003.

Wednesday, 18 June 2003 02:00

Paraprop in talks on several acquisitions

Paramount Property Fund (Paraprop), a listed loan stock company, is engaged in negotiations on several property acquisitions

Monday, 14 April 2003 02:00

Why Paramount’s directors sold shares.

One could be forgiven for feeling more than a little jittery if directors in a company in which one had investments appeared to be dumping shares left right and centre.

Sunday, 23 March 2003 02:00

Lower rental income hits Paramount.

 

LISTED property loan stock company, Paramount Property Fund (Paraprop), has declared a quarterly distribution of 12 cents for the quarter ended January 2003, which is, as anticipated, a significant drop in distribution per unit compared with the same period last year.

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