Tradehold’s South African business, the Collins Group, delivered outstanding results in the six months to end August, achieving a net profit of £3.3m.

Despite a drop in profits, Tradehold’s management believes the company, which operates mainly in South Africa and the UK, has weathered well the highly volatile and demanding conditions that defined its 2020 financial year to end February.

Tradehold, through its UK subsidiary Moorgarth Group, has obtained council approval for the development of four residential tower blocks above its Broad Street Mall shopping centre in Reading near London Heathrow. 

In the year to February, 2019 Tradehold, with property interests split between southern Africa and the United Kingdom, made several far-reaching structural and operational changes to the company to strengthen its balance sheet and tighten its focus.

Real estate consulting firm, JLL SSA, has released its 2016 Investment Review of the South African property market with analysis reporting a R28.8bn increase in investment (from 18,5bn in 2015), and a similar 52.8% increase in gross lettable area (2 million square metres).

Listed property company Tradehold (JSE:TDH) has completed its acquisition of the Collins Group, with the purchase of the Collins Group’s South African property portfolio, as well as its property development and management business.

Diversified property REIT, Texton Property Fund (“Texton”) today announced robust final results for the year ended 30 June 2016, declaring a total dividend of 103.63 cents per share (2015: 94.77 cps), a 9.4% increase, following the successful implementation of its diversification strategy geographically into the United Kingdom (UK) and across sectors.

Property hybrid Tradehold makes a big play for local property by acquiring the R6.2bn South African portfolio of the Collins Property Group.

Texton Property Fund’s UK strategy gains momentum - delivers solid performance for the 6 months ended 31 December 2015.

South African retail magnate Christo Wiese's offshore investment holding company Tradehold intends to buy a majority stake in Lusaka Stock Exchange listed Real Estate Investments Zambia.

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