Growthpoint announces the withdrawal of its offer for Fountainhead.

Capco acquires the Empress State Building having exchanged contracts with Land Securities Group for the 50% not already owned for GBP117m.

Redefine Properties CEO Marc Wainer retires from the board of Hyprop Investments.

Redefine Properties seized the opportunity to increase its direct holding in Australian listed Cromwell Property Group this week by taking up Aus$65.6 million of Cromwell’s capital raise, which will partly fund Cromwell’s successful acquisition of a portfolio of government properties

Going forward‚ we will be stripping out non-recurring income‚ less non-recurring expenditure‚ which will be distributed in a special distribution each year.

Dipula Income Fund boosted its distributable earnings by 44,1% year on year for the six-month interim period ended 28 February 2013 and has significantly progressed with its portfolio growth strategy.

THE state’s sale of nonstrategic properties could more than double the size of South Africa’s listed property sector and see transformation in the industry significantly accelerated.

South Africa’s listed property sector finally succumbed to a weaker Rand, higher bond yields and ‘private placement fatigue’ during the week ending 24 May 2013.

Vukile Property Fund today reported a 26.7% increase in the profit available for distribution for the full year to 31 March 2013 to R556.4 million

The new SA REIT Association, constituted in Sandton today, is tasked with representing the listed property REIT sector, one of South Africa’s most active and innovative sectors on the JSE.

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