Arrowhead Properties acquires 9.76% shares in Rebosis Property Fund.

New Europe Property Investment is a story is now synonymous with robust growth.

Tsundzukani Mhlanga has been appointed as the Financial Director of Ascension Properties Limited (Ascension), effective 18 January 2016.

Rebosis Property Fund decides to focus on shopping malls, shifting its government-tenanted offices gradually into subsidiary Ascension Properties as it looks to attract retail-hungry investors.

Tradehold steamed ahead to end October firmly in the black – extending an impressive run for the year, barring a few exceptions when it softened.

Rebosis reports strong annual distribution growth despite challenging economic environment.

Kameel Keshav, currently the CFO of Rebosis, was appointed CEO of Ascension Properties Limited, effective 01 October 2015. He continues as the CFO of Rebosis.

The results represent the first full year performance of Ascension since Rebosis acquired the asset manager of Ascension in February 2014.

Black-owned real estate investment trust Rebosis Property Fund finally secures Ascension Properties as a subsidiary, enabling it to expand its office portfolio.

Western Cape-based Tower Property Fund is branching out overseas along with several other SA property companies, but analysts warn that these markets come with their own challenges.

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