Rebosis Property Fund buys Sunnypark Shopping Centre for R573m from Zenprop Property Holdings.

Rebosis Property Fund REIT status approved by JSE

Property developer Billion Group has several significant developments under way in SA.

Rebosis Property Fund today reported overwhelming support from its linked unit holders with 99.9% of votes cast approving the Fund’s proposed acquisition of and capital raising for the Nthwese property portfolio.

Investors may still be wary of exposure to government-tenanted buildings after a number of public works leasing scandals hit the headlines last year.

Rebosis remains confident it will achieve its target distribution growth of between 7.6% and 11.1% for the full year ended August.

Rebosis Property Fund today posted solid interim financial results for the six months ending 28 February 2013.

Monday, 15 April 2013 01:08

Rebosis Property Fund still looks cheap

Macquarie First South Securities property analyst Leon Allison says Rebosis’ share price performance has probably been held back by a potential overhang of stock.

Monday, 18 February 2013 10:16

Rebosis a heavyweight among black-run funds

Substantially black-held property company Rebosis Property Fund is likely to surpass its targeted asset base of R10bn well before the initial target date of 2017, says CE Sisa Ngebulana.

Rebosis Property Fund, the first black-managed and substantially black-held property fund to have listed on the JSE Limited today announced that it successfully raised R650 million in a rights offer. The offer was oversubscribed.

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