MAS Real Estate reported an adjusted net asset value (“NAV”) per share of 114,5 euro cents as at 31 March 2015, representing a cumulative 10,3% increase for the 9 months since the end of the previous financial year being 30 June 2014.
InterContinental Hotels Group books rising quarterly revenues per room and expresses optimism over the annual outlook.
Knight Frank's Prime Global Cities Index shows luxury residential prices across the index's 32 cities rose by 6.2% on average in the year to June 2014.
New Europe Property Investments says it plans to raise R1.14bn through the issue of new ordinary shares.
Freedom of travel through Europe has become that much easier for South African investors, through Portugal's recently introduced Golden Visa Programme which provides unrestricted access to move within the 26 European countries in the Schengen zone.
Improving markets in Europe buoy up Redefine International's recent performance‚ allowing it to make various acquisitions.
AltX-listed MAS Real Estate said on Wednesday its capital raising in February had been "very successful".
Efficient towns and cities with competitive rates and taxes stand to benefit from more commercial property investment and development in 2014, according to the South African Property Owners Association (SAPOA).
Redefine International today announced it has agreed to sell the St Anne's House office building in Croydon, England for £8.4 million, £3.4 million above the property's 31 August 2013 book value.
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