Vukile Property Fund’s (JSE: VKE) 88% held Madrid-listed subsidiary, Castellana Properties Socimi, has acquired a 21.7% shareholding in its market peer Lar España Real Estate Socimi.

Redefine Properties today announced that it proposes to make a share-for-share offer to acquire all the remaining shares in EPP it does not already own (excluding the shares held by IGroup).

JSE listed REIT Fairvest Property Holdings Limited (“Fairvest”) today reported its results for the full year ended 30 June 2021.

South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced that it is considering a strategic partnership with Resilient REIT Limited (“Resilient”) in a R1 billion transaction that will see Dipula optimise its capital structure and benefit from the retail property and deal-making experience of Resilient to create further shareholder value.

Growthpoint Properties (JSE: GRT) excelled at the recent SAPOA (South African Property Owners Association) Property Development Awards for Innovative Excellence 2020, taking home six sensational honours, including overall winner, overall sustainability and heritage awards, and three category wins.

Emira Property Fund (JSE: EMI) declared a final dividend of 66.65 cents per share, taking the dividend for its full financial year to 30 June 2021 to 118.65 cents per share - up 13.7% on the previous year.

Vukile Property Fund (JSE: VKE) today issued R500 million of senior unsecured corporate bonds with one- and three-year maturities.

While the COVID-19 third wave and severe social unrest have hampered sentiment, Redefine Properties says it has trimmed down and simplified it’s local and offshore property platforms, resulting in the de-risking of its balance sheet and providing it with sufficient liquidity to position the company for exciting new opportunities and a potential resumption of paying dividends.  

Rita-Rose Gagné, Chief Executive of Hammerson, said:

Attacq Limited (Attacq), the JSE-listed REIT with an award-winning portfolio, is proud to announce that the recently launched Courtyard Hotel Waterfall has been awarded the Green Building Council South Africa 4-star green rating for Best Practice.