Vukile delivers 7.8% half-year distribution growth for investors.

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

Vukile increases its strategic stake in Synergy, and will offer to acquire Synergy's full capital in issue 

Collapse of yet another proposed multibillion rand merger in the R300bn listed property sector raises renewed questions on whether consolidation is necessarily in shareholders' best interests.

Vukile Property Fund today announced it had withdrawn from acquisition discussions with Synergy Income Fund. 

Laurence Rapp has been appointed Chairman of the SA REIT Association, which is tasked with representing the South African listed REIT sector, one of the most active and innovative sectors on the JSE.

Synergy Income Fund's A and B units have been among the listed property index's top performers since the beginning of the year, with both having risen nearly 20%.

Most of SA's listed property funds convert to real estate investment trusts, moving them in line with global tax practice and putting them on the global map.

Vukile Property Fund's CEO Laurence Rapp says the company has rebased its portfolio and that it will match the listed property sector's performance in the near future.

Complete overhaul of Vukile's Randburg Square Mall translates into top quality mix of tenants.

Page 7 of 17

Most Popular

SA property prospects as we look beyond COVID-19 lockdowns

Jun 11, 2020
John Loos FNB Property Economist
“The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new…

University of Fort Hare construction resumes

Jun 18, 2020
Construction of UFH Student Housing
Following two months of hard lockdown, the development of a 2 047-bed student village at…

The success of online Property Auctions

Jun 05, 2020
The current state of the economy brought about by many factors including the Covid 19…

Estate Agency Affairs Board to re-open its doors this month

Jun 13, 2020
Mamodupi Mohlala
The Estate Agency Affairs Board (EAAB) will re-open its Sandton, Johannesburg offices…

Grit to improve liquidity, save costs through proposed JSE de-listing

Jun 11, 2020
Bronwyn Corbett Grit
London Stock Exchange listed Grit announced its intention to de-list from the JSE.

Please publish modules in offcanvas position.