“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi

In most cases when a person purchases a property, he will have to apply for a mortgage loan and this would be written into the offer to purchase as a suspensive condition, giving a certain time frame for the bond to be obtained by the bank and accepted by the buyer.

Intu properties plc (‘intu’) and Cale Street Investments LP (‘Cale Street’), an investment firm.

Thursday, 29 November 2018 17:54

Hammerson completes £236m Highcross sale

Hammerson plc  today announces that is has completed the sale of the 50% stake in Highcross shopping centre in Leicester to an Asian investor introduced by M&G Real Estate for £236m.

The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.

Rowan Alexander, Director of Alexander Swart Property, says that from time to time he is forced to remind clients that the 72 hour clause contains concepts which they may have not fully understood.

JSE specialist shopping centre REIT, Hyprop, continued delivering strong growth in a tough economy with a total dividend per share of 756,5 cents for the year to June 2018, which was 8,8% higher than last year.

For first-time buyers, property co-ownership may be the easiest and most affordable way to enter the property market.

Bridge City is set to become the centrepiece of an affordable housing development that will see more than 350 units being developed with the first ones being up for sale towards the end of next year.

Emira Property Fund continues to advance its conservative approach to funding, which underpins its agile approach to market opportunities.

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