Listed property takes rate hike in its stride
Physical commercial property market has not weakened as much as the listed property sector.
Listed property firms fix rates
Listed property companies have fixed the interest rates on portions of their debt to mitigate this risk
Growthpoint Properties Limited reduces risk
In a tactical transaction which has already proven beneficial to its linked unitholders, Growthpoint Properties Limited fixed interest rates for a total of R1,3 billion of floating rate debt the week prior to Reserve Bank Governor Tito Mboweni's announcement of a 0,5% interest rate increase
Listed property, banks feel heat
The JSE's listed property index lost more than 4% of its value on Friday
Premium Properties increases its distribution by 31,6%
Premium Properties Limited today announced a total distribution for the year ended 28 February 2005 of 50 cents per linked unit.
Octodec interim distribution up by 9%
Octodec Investments Limited announced an interim distribution of 31,6 cents per linked unit for the six-month period ended 28 February 2005.
Get listed
Those of us with debt to pay off will be sleeping easier thanks to the cheaper money that Reserve Bank Governor Tito Mboweni's interest-rate reductions have brought this past year.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.