Four property industry experts share their insight into thriving in the property investment arena.

Shareholders of Texton Property Fund have voted against the repurchase of shares in terms of the ‘Put Option’ related to Texton’s 2014 Broad-based black economic empowerment deal.

Gemgrow Properties, the specialist high yield, high growth REIT listed on the main board of the JSE, today announced its annual results for the financial year ended 30 September 2018 delivering dividend growth in line with guidance.

JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

Growthpoint Properties (Share Code: GRT) shares began trading onA2X today as it became the first property company and tenth counter to join the exchange with its secondary listing.

Delta Property Fund (“Delta” or “the Fund” or “the Company”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat annual financial results for the year ended 28 February 2018. 

Tower Property Fund has announced the launch of a separate offshore company named “TPF International”.

In one of the largest local property transactions of the year, Pivotal shareholders approved the transaction in which JSE-listed, internationally diversified real estate investment trust Redefine Properties (JSE: RDF) will acquire all of the shares in property developer and capital growth fund Pivotal.

JSE newcomer Stor-Age Property REIT today announced strong interim results for the six months to September 2016, declaring a dividend of 43.04 cents, outperforming the Prospectus forecast by more than 6%.