Durban-based industrial property development giant, Shree Property Holdings, has made a bold R220 million entry into the South African commercial market, launching an upmarket, ultra-modern '4-star green-rated' office complex in the heart of the desirable Ridgeside Precinct on Umhlanga Ridge, and is poised to take KwaZulu-Natal's commercial property development to a new level.
Accelerate Property Fund, the JSE listed REIT invested significantly in the growth and development of Johannesburg’s Fourways node, has announced its results for the year to 31 March 2018, reflecting a 57,56 cents per share distribution for the year, in line with guidance.
South Africa’s largest self storage group, Stor-Age, continued to demonstrate the strength of its sector specialisation and resilient product when declaring a dividend of 98 cents for the year to March 2018, up 11.1% year-on-year and continuing an unbroken dividend growth trend since listing in November 2015.
South African focussed JSE listed REIT Arrowhead announced strong operating performance for the period ending 31 March 2018.
Core dividend growth delivered in challenging environment Fund delivers total shareholder return of 21% in FY 2018
Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.
Operating conditions may remain challenging but JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) continues to execute long-term strategic thinking and efficient management of its property portfolio to deliver sustained returns and value.
Tower Property Fund has announced the launch of a separate offshore company named “TPF International”.
Further to the announcement on 6 November 2017 regarding the exchange of contracts with PATRIZIA Immobilien AG for the sale of the Leopard Portfolio, comprising 66 German retail properties (the “Sale”), RDI, the FTSE 250 income focused UK-REIT, is pleased to confirm that the Sale successfully completed on 29 December 2017.