Rand Leases Properties was the best performer in the listed property sector in terms of unit price last month, with the price jumping 92%

Tuesday, 30 September 2003 02:00

Rand Leases repositioning goes well

Listed property company Rand Leases Properties reported a loss of R2,6m for the year to June, and attributed this to its repositioning as a development company and the disposal of its entire investment portfolio with effect from November last year.

Tuesday, 15 July 2003 02:00

Lembede buys stake in property group.

Black economic empowerment consortium Lembede Investment Holdings has bought a 16,5% stake in Rand Leases Properties.

Property loan stock company Redefine Income Fund said yesterday that it had bought the Standard Bank Centre on Cape Town's foreshore for R218m.

Friday, 13 December 2002 10:01

Director perks.

Directors rake in R4m extra while shareholders go without.

Friday, 15 March 2002 03:01

Trouble in the property sector

The list of property companies which have reported muted earnings growth is getting longer, indicating that the listed property sector of the JSE Securities Exchange SA is heading for trouble.

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