Growthpoint Properties Limited today reported distribution growth of 8% for the six-month interim period to 31 December 2013, outperforming original market guidance.

Wednesday, 26 February 2014 13:12

Capco report strong valuation performance

Capco reports a 'strong valuation performance' for its year ended December with a 22% rise in its adjusted diluted net asset value to 249p per share.

MAS Real Estate says it wishes to raise R2.740bn by issuing 173,987,429 new shares at R15.75 per share in a private placement.

Redefine International will place 86.64-million new shares‚ representing 7.5% of the company’s issue share capital, says group. 

Thursday, 20 February 2014 09:20

The Don Group to delist from JSE

The Don Group will delist from the JSE after buying out minorities.

A development master plan which recognises the powerful trend towards a sophisticated community-based country lifestyle will see Pearl Valley Golf & Country Estate reach its full potential under the stewardship of new shareholder Standard Bank.

Thursday, 13 February 2014 13:52

Rebosis‚ Delta put Ascension bids on hold

Black-controlled Rebosis Property Fund and Delta Property Fund have put their respective take-over bids for Ascension Properties on hold to avert a protracted bidding war for Ascension's lucrative R3.2bn portfolio of government-tenanted offices.

MAS Real Estate is to raise R1.52bn (about EUR100m) by way of a private placement of 96.7-million shares at R15.75‚ or EUR1.035‚ per share‚ it said on Monday.

In 1943, Thomas Watson, the chairman of IBM at the time, was reported to have said when he saw the computer: “I think there’s a world market for maybe five.” If only he had known that what started as just an acorn would grow into the mighty oak of the personal computer revolution?

Thursday, 26 February 2009 02:00

Balance of Ambit unit acquisition on the cards

ApexHi Properties Limited has offered to acquire all the Ambit linked units that it does not already own in a scheme of arrangement with Ambit unit holders

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