Developers are fetching record prices in a number of new luxury apartment buildings in sought-after areas of Cape Town and Johannesburg.

Thursday, 12 March 2015 16:48

Shaun Rai

Shaun Rai is a Chief Executive Officer of Cape Empowerment Limited. He is also Executive Director of Ascension Property Limited.

Published in Property Leader

Ascension Properties beat its portfolio growth target in its year ended June, with its property portfolio growing 46% to R3.7bn.

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.

Delta Property Fund says it is entitled to a R10m break fee following Monday's announcement that Rebosis would acquire Ascension's management company for R150m.

JSE listed REIT Ascension Properties Limited today announced its acquisition of Surrey House in Johannesburg.  

Property income fund Ascension Properties Limited today reported an excellent set of results for the year ended 30 June 2013.  

Thursday, 13 June 2013 12:23

JSE property funds adding to portfolios

Listed Property funds grow property portfolios in highly competitive market.

Since listing on 11 June 2012, Ascension’s property assets have increased by R1,5 billion to R2,3 billion.

Cape Empowerment Trust and African Alliance Properties have announced that they have sold their property portfolio

Most Popular

University of Fort Hare construction resumes

Jun 18, 2020
Construction of UFH Student Housing
Following two months of hard lockdown, the development of a 2 047-bed student village at…

SA property prospects as we look beyond COVID-19 lockdowns

Jun 11, 2020
John Loos FNB Property Economist
“The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new…

Estate Agency Affairs Board to re-open its doors this month

Jun 13, 2020
Mamodupi Mohlala
The Estate Agency Affairs Board (EAAB) will re-open its Sandton, Johannesburg offices…

Grit to improve liquidity, save costs through proposed JSE de-listing

Jun 11, 2020
Bronwyn Corbett Grit
London Stock Exchange listed Grit announced its intention to de-list from the JSE.

Redefine’s European logistics platform set to expand its footprint in Poland

Jun 17, 2020
Andrew Konig CEO Redefine
JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along…

Please publish modules in offcanvas position.