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

Other listed property companies are expected to follow sector heavyweight Growthpoint Properties’ lead in converting its historically complicated capital structure to one of ordinary shares.

Growthpoint Properties has become the first SA REIT to introduce a new capital structure, converting from complex linked units to the straightforward ordinary share structure.

Dipula Income Fund today announced that its acquisition drive has improved its rental income streams, with 14 properties valued at some R1,4 billion transferring into its portfolio in the past 14 months.

Acucap Properties Reit Status application approved

JSE approves Fountainhead's application for Real Estate Investment Trust ("REIT") status

Wednesday, 31 July 2013 13:13

Reits tipped to grow in leaps and bounds

THE South African listed property sector continues to grow in leaps and bounds, with four new property companies expected to list on the JSE before the end of this year.

Tower Property Fund was officially the first new fund in South Africa to list on the main board of the JSE under the Diversified REITs sector when it listed on 19 July 2013.

Rebosis Property Fund REIT status approved by JSE

The Fund will offer a total of 48 503 939 new linked units ("rights offer units") to unitholders at a subscription price of 987.33 cents per rights offer unit 

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