South Africa’s largest self storage group, Stor-Age, continued to demonstrate the strength of its sector specialisation and resilient product when declaring a dividend of 98 cents for the year to March 2018, up 11.1% year-on-year and continuing an unbroken dividend growth trend since listing in November 2015.

Delta Property Fund (“Delta” or “the Fund” or “the Company”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat annual financial results for the year ended 28 February 2018. 

Wednesday, 23 May 2018 23:36

Africans investing in Africa

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

Shareholders are advised that MAS, through a wholly-owned subsidiary, MAS (IOM) Holdings Limited, has concluded a sale and purchase agreement (“SPA”) to acquire from New Uberior House Holding Limited.

Wednesday, 11 April 2018 03:00

RDI disposes of leeds for £26.1 Million

RDI, the FTSE 250 income focused UK-REIT, which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, today announces that it has exchanged contracts for the disposal of City Point in Leeds for £26.05 million. 

Our Firstrand expectation is for a 25 basis point interest rate cut in the SARB’s Repo Rate, when its Monetary Policy Committee (MPC) meeting concludes on Wednesday. Should this happen, it would lower the Repo Rate to 6.5%, and the Prime Lending Rate of banks to 10%.

Wednesday, 28 February 2018 13:34

Attacq Limited's Reit conversion on course

Attacq Limited, (“Attacq”), the JSE listed property company, developing Waterfall City and Waterfall Logistics Hub, today announced interim results for the six months ended 31 December 2017.

Mauritius. Grit, the only listed Africa-focused distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced that it is exploring a potential premium listing on the Main Market of the London Stock Exchange (“LSE”).

Liberty Two Degrees (“L2D”) a premier retail and South African focused REIT, today announced its first full year results for the 31 December 2017 period, declaring a full year distribution of 59,22 cents per unit.

Strategic acquisitions and hard currency lease escalations support Grit's robust half-year perfomance- US$6.07 cps target distribution achieved for the half-year

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