Fairvest Property Holdings acquires R233.9 million retail property portfolio from Vukile Property Fund's subsidiary, MICC Properties.

Tuesday, 30 August 2011 02:00

Debt funding for listed subsidiary

Nedbank Corporate Property Finance in conjunction with Nedbank Capital has refinanced R450 000 000 of debt within MICC Properties (Pty) Ltd

Wednesday, 04 April 2007 02:00

Vukile expands property portfolio

Vukile acquires an office complex in West Street in Houghton, Johannesburg, for a total capital outlay of 33.9 million rand from African Life Assurance

Tuesday, 14 November 2006 02:00

Unitholder rejects Vukile offer for MICC

The decrease in distribution growth is due to MICC selling off properties worth about R200m

Vukile Property Fund has made a firm offer to acquire the remaining 25% stake in MICC Property Income Fund that it does not already own.

Thursday, 13 October 2005 02:00

Rise in JSE property listings

The South African listed property sector is arguably the fastest-growing sector on the JSE, with about six new property funds having listed on the main board of the exchange in the past two years.

The listed property loan stock company reported a distribution of 41,5c a linked unit.

Tuesday, 12 April 2005 02:00

‘House full’ for property mergers

Although some listed property companies have recently considered aggressively growing their portfolios through hostile takeover bids, such opportunities are limited in the medium term, property commentators say.

Growth in distributions, decrease in vacancies and revaluation of assets

Wednesday, 19 January 2005 02:00

Listed property investment funds in 2005

Provest Private Clients' Chris Hansen gives the outlook for 2005

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