Fairvest Property Holdings, a real estate investment trust with a market cap of R2 billion, has been approved for a secondary listing on A2X Markets.
Giflo Medical, a leading commercial and medical property developer, is investing R130m in expanding and upgrading two adjacent medical facilities - the Cormed Private Hospital and the Envision Centre for Sight - located within an established medical precinct in Vanderbijlpark, Gauteng.
London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 30 June 2019, despite challenging macro-economic conditions.
Growthpoint Properties’ R240m Sterling Industrial Park development in its Centralpoint innovation district is bringing to life the next phase of this major high-tech precinct.
Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of a low rise office building in Symonston, Canberra for AUD 29,750,000[1] which represents an initial yield of 6.93%.
JSE-listed diversified real estate investment trust Redefine Properties’ new 15 storey Rosebank Link has been completed on schedule with all its office space now fully let.
Tower’s subsidiary company, TPF International Limited has expanded the scope of its operations through the recent purchase of a prime industrial property in Croatia for €8 592 000.
Strong December retail trade was recorded by the Flanagan & Gerard Property Development & Investment portfolio of shopping centres, with its top performing mall growing turnover by 18%.
JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.
In keeping with the group’s strategy of investing across the broader European market, shareholders are advised that MAS, through a subsidiary of PKM Investments S.á.r.l., has acquired the Atrium Mall shopping centre in Arad, Romania from Cosmovia Holdings Limited, a member of the well-known Demjan Group based in Hungary.
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