Delta to apply for lifting of trading suspension on publication of half-year results ended 31 August 2020
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin said that it will apply to the JSE for the reinstatement of trade in its shares on the main board of the exchange, following the publication of its half-year results for the six months ended 31 August 2020.
Fairvest concludes share swap agreements with shareholders to acquire 50,1% of Arrowhead Properties' issued shares
Fairvest Property Holdings Limited (“Fairvest”) today announced that it had concluded agreements with shareholders of Arrowhead Properties Limited (“Arrowhead”) to acquire 50,1% of Arrowhead B shares through the issue of new Fairvest shares at a swap ratio of 1.85 Fairvest shares per Arrowhead B share.
Robust Management & Buoyant portfolio sees Dipula grow distributable earnings per b-share by 16.8%; reduce LTV to 35.7%
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced robust results for the six months ended 28 February 2021.
Spear REIT holds a steady ship, delivering despite the impact of Covid-19
Spear REIT Limited (SEA:SJ), with its exclusive focus on high quality Western-Cape only assets, released its FY2021 results on 14 May 2021.
Mall of Africa celebrates five year anniversary
Attacq Limited (“Attacq”), the JSE-listed REIT developing Waterfall City, announces that flagship retail asset, the Mall of Africa, celebrates its fifth birthday today.
Ellipse Waterfall exceeds one billion rand in sales
Attacq Limited (Attacq), the JSE-listed REIT developing Waterfall City and its JV Partner, Tricolt, is proud to announce that the Ellipse Waterfall development has continued to achieve incredible success, with total sales to date exceeding R1 billion.
Irongate Group delivers strong FY21 financial result
Irongate Group (IAP or the Fund) has today released its financial results for the year ended 31 March 2021, its first since acquiring the management rights from Investec Group and becoming an internally managed REIT.
Equites’ quality logistics portfolio continues to deliver
Equites Property Fund Limited today announced a 2.4% increase in its annual distribution per share.
Fairvest announces interest in acquiring a stake in Arrowhead Properties
Fairvest Property Holdings Limited (“Fairvest”) today announced its interest in acquiring a stake in Arrowhead Properties Limited (“Arrowhead”) via privately placed share swap transactions.
Emira receives firm intention for a mandatory offer to shareholders
Emira Property Fund (JSE: EMI) has received written notice from its major shareholder, the I Group, that the I Group and its concert parties have raised their stakes in the REIT and now hold 35.003% of its voting rights.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.