In the six months to August, Tradehold maintained the strong expansion momentum begun last year, growing the value of its investment properties by 48.8% to £179.0m (R3.8bn). 

New appointment to the board of Directors.

Texton Property Fund agrees terms to acquire Truworths Property and The Grid Property for R295 million. 

Most property funds that have listed in the past two to three years have matched or outperformed investors’ expectations.

Retail magnate Christo Wiese continues to back Texton Property Fund by underwriting a significant portion of a rights issue.

Texton Property Fund has plans to dramatically increase its offshore property exposure as it diversifies away from being a pure office play.

Some pundits believe South African listed property’s strong run over several years is set to be derailed by revaluations and a slow-growing economy.

Texton Property Fund says Lyndon Kan has resigned as Chief Operating Officer of Texton to pursue private business opportunities.

Western Cape-based Tower Property Fund is branching out overseas along with several other SA property companies, but analysts warn that these markets come with their own challenges.

Texton Property Fund announced that Rob Kane and Marelise de Lange have resigned as chief executive officer and financial director respectively of Texton Property Fund Limited.

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