Wednesday, 11 April 2018 23:13

Dipula capital raise 32% oversubcribed

JSE diversified REIT - Dipula Income Fund (Dipula) – yesterday announced the results of its successful bookbuild in which it raised approximately R790 million.

Since the 50,000sqm regional Thavhani Mall in Thohoyandou, Limpopo, opened its doors late last August, millions of shoppers have visited the mall. Based on their shopping habits and preferences the mall is adding three exciting restaurant brands to its mix.

Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.

Attacq, developers and managers of Waterfall City, today announced that’s its Iconic Gateway West building was well on track to being fully let and is currently at 70% occupancy.

Eskom Chairman Jabu Mabuza will join global and local business influencers at the SA REIT Conference 2018 in Sandton Central next month.

David Atkins, Chief Executive of Hammerson, said: “In recent years we have actively rebalanced the weighting of our portfolio towards high footfall destinations in major cities across the UK and Europe and this has underpinned our strong financial success at a time of on-going structural change in retail.

Further to the announcement on 6 November 2017 regarding the exchange of contracts with PATRIZIA Immobilien AG for the sale of the Leopard Portfolio, comprising 66 German retail properties (the “Sale”), RDI, the FTSE 250 income focused UK-REIT, is pleased to confirm that the Sale successfully completed on 29 December 2017. 

Friday, 15 December 2017 13:48

Christmas shopping predictions 2017

It is no secret, consumers are feeling the pinch.

JSE listed Echo Polska Properties (EPP) today announced results for the nine months ended 30 September 2017 (“the period”), again demonstrating continued growth in distributable earnings to €59.2 million and a distribution per share of 8.41 euro cents. 

Thursday, 14 December 2017 11:40

FWJK to bring co-development to Menlyn

National property developer FWJK has secured land in Menlyn to develop a new 85 000m² sectional title mixed use building consisting of ground and first floor retail, a 450 learner creche, multi-tenant sectional title office suites, residential apartments and luxury penthouse suites, according to Rhys Rocke, regional director of FWJK.

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