New REITs regime could result in unforseen tax implications
Real Estate Investment Trust (REIT) regime is set to usher in a new era for the listed property sector by affording certain tax advantages to qualifying entities and providing certainty in respect of the tax treatment of property loan stock companies.
Ascension Properties buys Atterbury House for R341m
Ascension Properties (AIA) has bought Atterbury House in Cape Town‚ which includes the property and buildings known as Shell House and Ovenstone House from Atterbury Investment Holdings (AIH)‚ the company said on Wednesday.
Vukile terminates bid to acquire five shopping centres
Ascension Properties celebrates successful year after listing
Since listing on 11 June 2012, Ascension’s property assets have increased by R1,5 billion to R2,3 billion.
Listed property sector raise R10bn in fresh capital
Private placement 'fatigue' has been partly blamed for the sharp sell-off in property stocks over the past two weeks.
Annuity Properties grows portfolio and declares distribution
Annuity Properties reports strong portfolio growth with a 148% increase in portfolio size to R1.4bn for the year ended March 2013.
Vunani benefits from yield-enhancing acquisitions
Property loan stock company Vunani Property Investment Fund has benefited from "tight" management, a stable portfolio, and yield-enhancing acquisitions, according to CEO Rob Kane.
Bond Yields and the Rand spark listed property volatility
The volatility of the listed property sector over the past two weeks can be largely explained by movements in bond yields and the rand, and given the market’s close correlation to bonds, analysts say it may remain volatile in the short term.
Listed property’s bumpy road offers investment opportunity
South Africa’s listed property sector continued its slide during the week ending 31 May 2013, as the Rand breached R10/US$ and bond yields moved sharply higher.
Property stocks extend losses on JSE
Property stocks continued their slide on Friday, taking the FTSE/JSE SAPY index’s losses to 15% from the peak reached two weeks ago.
Most Popular
Impact of fuel price increase on commercial property
Fluxmans signs long lease with Growthpoint Properties for Illovo Corner offices
Rebosis Property Fund bids farewell to Dr Anna Mokgokong, the founding independent non-executive director and chairperson
Rebosis reports improved operational performance for six months to end February 2022; focus remains on portfolio optimisation
Fairvest Limited announces first interim results as a merged entity, with dividends equal to 100% of distributable income at 61.52 cents per A share and 21.33 cents per B share
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.