Fortress Income Fund expected to make firm offer for Capital Property Fund
Fortress is expected this week to make a firm offer to Capital Property Fund’s shareholders to take over the fund after expressing an interest in a takeover since May.
Cash outperforms listed property to record highest total return for the month ended June 2015
The SA Listed Property Index (J253) recorded a return of -0.36% for the month ended June 2015.
Capital markets to support listed sector in the short term
Property fundamentals in SA remain challenging, but strong capital markets and lower yields for longer will be supportive of listed real-estate performance.
US investors are seeking specialised property funds
Us investors are seeking specialised property funds and SA, which has potential for more specialisation, is now on their radar.
SA Listed Property Index recorded a negative return of -5.93% for the month ended May 2015
According to Catalyst Fund Managers, the SA Listed Property Index (J253) recorded a negative return of -5.93% for the month ended May 2015.
Atterbury to undertake R225m office property development in Western cape
Leading national property development and asset management group, Atterbury, has secured the development of a new six-storey office building in Cape Town in its first commercial property development in the Western Cape in recent years. When complete the building is expected to be valued at around R225 million.
Redefine contemplates another attempt for Fountainhead assets
Redefine contemplates another attempt for Fountainhead assets
SA Listed Property Index records a 3.16% return for February 2015
The SA Listed Property Index (J253) recorded a positive return of 3.16% for the month ended February 2015.
SA Listed Property Index records 7.38% return for January 2015
The SA Listed Property Index (J253) recorded a positive return of 7.38% for the month ended January 2015.
Arrowhead Properties outperform market average by 82%
Arrowhead, the only JSE listed property company to pay quarterly distributions, announced its distribution for the quarter ended 31 December 2014.
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