Developer Billion Group says its R1.4bn BT Ngebs City mall in Mthatha, Eastern Cape, has opened.

Rebosis Property Fund today reported solid interim financial results for the six months ended 28 February 2015, ahead of its forecast range.

Rebosis Property Fund acquires 62% of New Frontier Properties’ issued share capital for R1.18 billion as New Frontier readies to invest in the UK.

The era of government crafting wonderful and enlightened policies that are the envy of the world
but failing to implement and enforce them is over.

Rebosis Property Fund reports solid annual financial results for the year ended 31 August 2014, ahead of its forecast range and market consensus.

Collapse of yet another proposed multibillion rand merger in the R300bn listed property sector raises renewed questions on whether consolidation is necessarily in shareholders' best interests.

Listed property share prices rally about 5% over the past two weeks, on better than expected results reported by real estate counters this month.

Rebosis Property Fund is in 'no rush' to decide on a full takeover of the company after a three-way merger collapsed.

Wednesday, 25 June 2014 13:08

Tripartite merger not opportune

Delta and Rebosis Property Fund ("Rebosis")(together"the Funds") today jointly announced the amicable conclusion of merger talks and the settlement of their bid for the linked units and assets of Ascension Properties Limited ("Ascension").

Rebosis Property Fund ("Rebosis") that it has acquired Delta Property Fund's ("Delta") entire holding of linked units in Ascension Properties Limited ("Ascension").

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