Redefine Properties (JSE: RDF) continues to advance its strategic priority of strengthening its balance sheet to offset the ongoing uncertainty and negative effects of the COVID-19 pandemic.

Commercial property development company, Heartwood Properties , has revealed a 30% increase in their portfolio value, and a 29% increase in net asset value at the end of their first year as a listed company on the 4AX (4 Africa Exchange).

Friday, 30 August 2019 22:18

Hurray for 100% home loans

It seems, no matter whether you’re talking to industry professionals in the boardroom or friends around the braai, that confidence in the property market is low.

Delivering exceptional investment performance in current market conditions is no simple task, given that uncertainty and unemployment remain critically high whilst economic growth, liquidity and interest rates remain stubbornly low.

NEPI Rockcastle continues to leverage on its strengths and consolidate its position as the dominant, high-quality shopping centre owner with the most robust management platform in Europe’s highest growth region.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

Dipula Income Fund, a diversified, South-African focused and Black-managed REIT, today announced a non-binding offer to acquire 100% of the shares in SA Corporate Real Estate Limited through a merger of the two companies.

NEPI Rockcastle has been approved for a secondary listing on A2X Markerts and its shares will be available for trade on A2X from Tuesday, 18 June 2019.

The PwC investigation commissioned in November last year by the Special Subcommittee of the board of directors of Fortress REIT Ltd (JSE: FFA and FFB), has found no conclusive evidence to confirm any of the allegations made against the Company or its Management in respect of market manipulation or insider trading and in respect of undue related party benefits or wrongdoing in historic property transactions.

The Boards of Arrowhead and Gemgrow are pleased to announce that they have agreed in principle to a transaction which would result in the reverse takeover of Gemgrow by Arrowhead.

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