Thursday, 15 December 2016 05:27

Giant property tie-up

Merger of Nepi and Rockcastle Global Real Estate looks set to go ahead with the announcement of a deal that should create the largest listed property company on the JSE.

Rockcastle Global Real Estate concludes the preliminary agreements to acquire the shopping centres in Poland.

Saturday, 20 August 2016 09:36

Rockcastle Global Real Estate aiming high

Rockcastle Global Real Estate is on track to become a fund split 50-50 across direct and indirect real estate.

Resilient increases total distributions for its financial year by 25.1%, thanks to the effects of capital raising, a solid performance from its property portfolio and a weaker rand.

Mara Delta (formerly Delta Africa) announced its acquisition of a 50% interest in a new A-grade Zambian retail property from Rockcastle Global Real Estate Company.

Resilient property stable is raising capital for its latest Europe focused real estate fund.

Fortress Income Fund more than doubles its B-share dividend to shareholders in the six months to December.

As if on cue, shares in the suitably named Resilient REIT roared, entrenching themselves in the pound seat, after the firm churned out yet another bumper set of earnings numbers.

Property group Resilient says it increases its dividend payment for the six months to end December by 25.2% to 232.46c per share.

Until recently, Growthpoint Properties and Redefine Properties were the largest listed South African real estate groups, leaving institutional investors with limited choice.

Page 1 of 5
" "

Most Popular

Equites Property Fund to list on A2X

Jun 25, 2019
ANDREA TARVENA
Equites Property Fund Limited has been approved for a secondary listing on A2X Markets…

Accelerate poised for growth with launch of Fourways Mall, Focus on shoppertaintment to differentiate the retail experience

Jun 20, 2019
 MICHAEL GEORGIOU
JSE-listed Accelerate Property Fund today reported financial results for the year ended…

McCormick Property Development Celebrates the Opening of Katale Square

Jun 29, 2019
 JASON MCCORMICK
McCormick Property Development celebrated the launch of its 66th development with the…

Emira’s Denver property is changing the warehousing game

Jun 20, 2019
 ULAN VAN BIJON
Emira Property Fund’s refurbished warehouse facility superbly located in the popular…

New standard bank deal will make it easier for self-employed professionals to qualify for the mortgage bonds

Jul 03, 2019
 STANDARD BANK
Ever since the tightening of credit rulings in the South African economy which followed…

Please publish modules in offcanvas position.