News Search

Safari delivers on portfolio growth and quality: Portfolio reaches R2,6 billion in asset value .

Wednesday, 07 December 2016 12:56

Arrowhead Properties aims for 2017 acquisitions

Diversified property group Arrowhead Properties has ambitions to make sizable acquisitions in 2017.

Safari Investments, which has grown its portfolio about 30% in the year to March, says it is on track to reach its R3bn property target by the end of 2018.

Safari Investments describes its maiden full-year financial results as 'strong and steady', lifting its headline earnings per share to 54c from 30c.

Safari Investments grows its assets 31% from R1.3bn since listing in April last year to R1.7bn at the end of March.

Safari Investments expects additions to its portfolio to more than double its asset base to R3bn within three or four years.

Wednesday, 02 April 2014 15:57

Safari private placement oversubscribed

Township-focused property developer Safari says its private placement is oversubscribed.

Safari is pleased to announce its intention to list its shares on the securities exchange operated by the JSE Limited ("JSE") as a Retail REIT on the Main Board before the end of March 2014.

Most Popular

The Property Practitioners Bill set to transform the entire property market

Sep 19, 2017
Storme Heath CAF2
Gazetted in March 2017 for comment, the long-awaited Property Practitioners Bill is…

Ballito Junction Regional Mall is crowned the best new shopping centre in South Africa

Sep 22, 2017
Aerial image of Ballito Junction
Ballito Junction Regional Mall has been named the best new shopping centre development in…

Jones Lang LaSalle South Africa 2017Q2 reports reveal useful trends on industrial, office and retail property sectors

Sep 21, 2017
Christian Ulbrich
Real estate consulting firm, JLL South Africa, has released its Q2 2017 research reports…

Rode & Associates says Capitalization rates are now firmly on a rising path

Sep 22, 2017
Johan Hattingh
Property, whether directly held or listed, was the darling of South African investors…

ADvTech Properties to expand asset base to R6bn by 2022

Sep 26, 2017
Vongani Mbhokota
The properties division of JSE-listed ADvTECH, Africa‚Äôs leading private education…