The Pivotal Fund Limited (‘Pivotal’), a development-focused investment fund, today reported solid results for the six months ended 31 August 2016 with a 17.35% increase in net asset value per share to R23.00, excluding deferred tax (“NAVPS”) year-on-year.
The joint venture has acquired 28ha of Waterfall land from Attacq and an additional adjacent 100ha from the Mia family, securing a total of 128ha of usable land on the eastern side of the N1 freeway and south of the Allandale interchange.
Shopping centres delivered better returns for commercial real estate investors in the first half of the year than offices in spite of ongoing pressure on consumer spending.
Stenprop is pleased to announce that formal approval has been granted by the JSE Limited for the migration of its listing from the JSE’s AltX to its Main Board.
Attacq Limited, the pioneering JSE-listed capital growth property fund, today posted growth of 20.6% in net asset value for shareholders and growth in adjusted net asset value per share (NAVPS) of 17.9% for its full financial year to 30 June 2015.
Visual International Holdings, which is set to list on the JSE AltX next month, has announced a Board of Directors that will benefit investors with an exceptional knowledge-base and a wealth of experience.
South Africans who have in recent years bought holiday pads in Mauritius, typically with price tags exceeding R10m, have been handsomely rewarded on the capital growth front.
Residential rental returns and capital growth are by no means uniform in south africa – and investors should realise this.
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