Planned leadership transition at Texton adapts executive structure for new strategies and operations
JSE-listed Texton Property Fund today announced that it is embarking on a planned leadership transition to tailor its executive composition to its new streamlined business structures and shifting operational needs.
Spear REIT launches innovative self-isolation campaign for returning travellers in Cape Town, South Africa to combat COVID-19:
JSE listed Spear REIT Limited, the owner of the Double Tree by Hilton Cape Town, is the first in South Africa to launch an innovative self-quarantine accomodation solution.
Redefine implements stricter cleaning protocols at its malls in response to COVID-19
JSE listed diversified real estate investment trust Redefine Properties will introduce stricter cleaning and disinfecting protocols at its retail properties as part of a broad approach to preventing the transmission of COVID-19.
Arrowhead Properties on track amidst a challenging environment
Arrowhead Properties, the Real Estate Investment Trust (REIT) with a diversified portfolio of retail, office and industrial properties today reported, during an investor update, that its portfolio is performing in line with expectations despite the prevailing uncertainty in the market.
Indluplace’s rental residential portfolio performs in line with expectations
Indluplace Properties, the first and largest rental residential REIT, listed on the JSE, with a portfolio in excess of 9 500 units reaffirmed the position of its portfolio in an investor update published to the market today.
Growthpoint reports a steady first half with its growth strategies paying dividends
Growthpoint Properties (JSE: GRT) reported distributable income growth of 2.2% to R3.2bn, an increase in dividends per share of 0.2%, and a 14.9% increase in group property assets to R160.2bn for its six-month period to 31 December 2019.
Texton Property Fund reduces debt while delivering solid half-year operational performance
JSE-listed REIT Texton Property Fund announced its results for the half-year ended 31 December 2019 and expects distributable earnings to be in line with guidance for the full year.
Attacq Limited raises half-year dividend by 11.1%
Attacq Limited (“Attacq”), a South African-based REIT and the only property company included in the FTSE/JSE Responsible Investment Top 30 Index, today announced an interim dividend of 45.0 cents per share for the six months ended 31 December 2019.
Spear REIT Limited appoints first female member of Executive Team in leading role
JSE listed Spear REIT Limited announced the appointment of Mrs. Kim Pfaff-Karg as Chief Investment Officer who will join the business on the 1st of March 2020.
Hyprop makes good progress in implementing its new strategy
Hyprop, a retail-focused REIT listed on the JSE, today reported interim results that demonstrates progress in implementing the Company’s new strategy.
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