Arriving at Vukile Property Fund’s headquarters, a pretty and petite building in Rosebank, we’re greeted by cranes on the horizon.

While most of last year was a pleasing one for Hyprop shareholders, 2016 has begun on a poor note. In fact, 2015 ended with little good news from the marketplace, as the stock plunged after a months-long rally.

Vukile will launch its residential property strategy before the end of March next year as it looks to add diversification to its predominantly retail-focused portfolio.

Vukile Property Fund today reported 7% growth in distributions per share for its half year to 30 September 2015, delivering results in line with its market guidance.

South African listed property once again ranked high among the country’s top companies earning the most for shareholders.

Mauritian-based real estate company, Atlantic Leaf Properties today declared a maiden dividend of 3 GBP pence per share for the 31 August 2015 interim results.

Atlantic Leaf Properties raises R373.9m following private placement with Vukile Property Fund.

Vukile Property Fund has more than doubled the value of its directly held South African real estate assets over the past three years from R6.1 billion to R15.2 billion currently, with retail properties accounting for over R10.5 billion or 70% of its portfolio.

Vukile Property Fund today announced its inaugural investment in offshore real estate through an active, and growing, strategic investment in Atlantic Leaf Properties.

Vukile Property Fund has secured a 33% R350 million stake in the 50,000sqm Thavhani Mall at Thavhani City in Thohoyandou, Limpopo, after signing a deal with the developers of the new regional shopping centre, Thavhani Property Investments (Pty) Limited. The acquisition will extend Vukile’s retail exposure.

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