Friday, 08 November 2013 15:18

Offshore property still a buy

Five years ago, SA investors who wanted exposure to offshore property had only one JSE-listed option: the former Liberty International.

Rockcastle Global Real Estate Company says its investor base has widened and its shares have become more easily tradable during the three months ended September.

Friday, 13 September 2013 20:44

US3bn Retail Developments under way in Africa

Three years ago only a handful of formal shopping centres were scattered across Africa, now developers are starting to flow into new retail-focused projects.

'Resilient group' of listed property funds outperforms other established property groups thanks to the dominance of the funds in the market segments they focus on

Rockcastle Global Real Estate Company says it has proposed a distribution of 4 US cents per share for the six months ended June.

Fortress Income Fund reports that its total distributions for the year ended 30 June 2013 increased by 11.72% to 140‚70c.

Capital Property Fund share price closed almost 1% higher at R10.42 on Wednesday after the fund reported growth in distributions for the six months ended June at the upper end of its initial forecast, and also revised its full-year guidance upwards.

Rockcastle Global Real Estate Company, which on Wednesday released results for the 12 months to March 31, says it has identified a number of sites in three African countries for direct property investments.

Property group Rockcastle declares its maiden cash dividend at 4.56 USc per share for the nine months to December 2012.

Global property group Rockcastle will list on the Alternative Exchange of the JSE (AltX) on July 26 2012 which has granted it a secondary listing of a maximum of 16,201,000 shares

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