A sod-turning ceremony marked the official start of construction on the new R1 billion Thavhani Mall at Thavhani City in the bustling Limpopo town of Thohoyandou on Friday, 31 July 2015.
Vukile Property Fund reported 8.1% growth in normalised distributions per share for its full year to 31 March 2015, delivering results just ahead of its initial market guidance of between 7% and 8%.
Vukile Property Fund today announced it has successfully refinanced R580 million of debt in the bond market with a heavily oversubscribed Domestic Medium-Term Notes (DMTN) placement.
Vukile Property Fund raises capital to fund Nonesi Mall and Capital Land Asset Management acquisitions.
Vukile Property Fund Limited had proposed an equity raise of approximately R750 million through the issue of new shares.
Vukile Property Fund and Synergy Income Fund announced that Vukile will acquire Synergy’s external management company, Capital Land Asset Management, in a R106 million transaction.
Sedise was chief executive of Encha Properties from 2004 up until Vukile's aquisition of a portfolio of government-tenanted properties from Encha in 2013.
Affirming its prudent and patient approach to deal making, Vukile Property Fund today announced it has successfully gained control of Synergy Property Fund.
SA's listed property sector will be looking at new asset classes and territories to drive out performance, says Laurence Rapp, CEO of Vukile Property Fund.

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