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Indluplace Properties Limited, the first residential focused REIT listed on the JSE, today announced that it has concluded an agreement with the Buffet Group to acquire 2 914 residential units with 3 400m² of associated retail space for a purchase price of approximately R1,4 billion.

Accelerate Property Fund, the JSE listed REIT with significant exposure in the dynamic Fourways node in Johannesburg, today announced solid Annual Results for the year ended 31 March 2017.

JSE REIT Stor-Age - South Africa’s largest self storage property fund - today posted excellent annual results ahead of pre-listing forecasts, marking its third reporting period since listing of consecutive growth. 

JSE listed self storage REIT, Stor-Age, the only self storage property group listed on any emerging market exchange worldwide, today announced its intention to acquire the attractive Durban based StorTown portfolio of self storage assets from the DanCor Properties group.

Regionally-focused JSE main board-listed property group Spear REIT Limited has acquired several new properties which fit their mandate of investing in high quality real estate based within Western Cape growth nodes.

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported sound results for the financial year ended 28 February 2017, declaring a dividend of 97.24 cents per share, up 7,1% on the prior financial year and in line with the Group’s growth forecast. 

Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced a solid set of results for the twelve months ended 28 February 2017.

Emira Property Fund today announced a transaction that will see 5% of its shares in issue being owned by strategic black partners.

Vukile Property Fund today reported 7.1% growth in dividends per share for the year to 31 March 2017, comfortably delivering on its market guidance and again advancing its track record of unbroken growth in dividends since listing in 2004.

Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment.