Hyprop Investments has adjourned its general meetings called to vote on the group's takeover bid for rival SA Retail, saying it would be doing further canvassing of SA Retail unitholders about its takeover prospects

Business Day interview with Simon Pearse.

Property group Marriott, which manages listed property fund SA Retail Properties, said on Thursday that most of the 15% of SA Retail unitholders who have said that they will not accept Hyprop's takeover offer are Marriott unit trusts.

Wednesday, 08 June 2005 02:00

Marriott warns Hyprop unitholders

Property group Marriott, which manages SA Retail Properties, has launched a new defensive action in its battle to stop a takeover of SA Retail by rival Hyprop Investments.

Thursday, 26 May 2005 02:00

Marriott warns on SA Retail takeover

Property group Marriott upped the ante yesterday in its bid to protect SA Retail, which it manages, from a hostile takeover by Hyprop Investments.

SA Retail Properties has been on a unitholder roadshow to promote a planned transaction with Martprop.

Wednesday, 06 April 2005 02:00

SA Retail to seek advice on Hyprop bid

Listed loan stock company will appoint an independent financial adviser to consult on an offer made by Hyprop to buy all of its linked units.

Tuesday, 08 February 2005 02:00

Top funds deliver 50% plus

Listed property had another good run in 2004 achieving average total returns of 41%, outperforming the JSE Securities Exchange’s all-share index, bonds and cash. Those who invested in listed property via specialist unit trust funds (offered by among others Coronation, Marriott, Old Mutual and Stanlib) would have achieved similar returns. Figures from Standard & Poor’s (see unit trust pages) confirm that flexible property unit trust funds achieved total returns over the past 12 months of between 30% and 38%. The top performer in this sector was Old Mutual’s SA Quoted Property fund.

Wednesday, 02 February 2005 02:00

Stanlib fund closes to new investors

Stanlib has closed its multi manager property fund to new investments, saying its assets have reached R1,2bn in just more than two years, which is close to the 'optimal size of a local portfolio'

Thursday, 03 February 2005 02:00

Property fund turns away new investment

Leading unit trust company Stanlib announces with effect 1 February 2005 its Multi-Manager Property Fund - run by Marriott Properties and Standard Bank Properties - is closed to new investment. Stanlib head of investments Malcolm Holmes

Page 2 of 4

Most Popular

Growthpoint begins construction of the Kent residential apartments in KZN

Aug 26, 2021
Marius Els, Development Project Manager at Growthpoint Properties
Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first…

On Auction: Iconic Redevelopment Opportunity in Oranjezicht Cape Town

Aug 26, 2021
The_Lenox
Currently operating as a 43 room guesthouse / backpackers.

On Auction: Spacious offices with multiple amenities in Norwood

Aug 26, 2021
Default Image
Spacious offices with multiple amenities on Auction in Norwood.

On Auction: Retail & Offices Property with unutilised bulk in Rivonia Johannesburg

Aug 26, 2021
KTM_Building
The anchor tenant is Road Adventure Dirt (Pty) Ltd (RAD) which is the premier KTM…

On Auction: Commercial Historical Building in Cape Town

Aug 25, 2021
Cape Town Commercial Property for Sale - 3 Church Street
436sqm Commercial building comprising of retail and office space.

Please publish modules in offcanvas position.