Redefine Properties (JSE: RDF) has reported a 6.9% increase to 41.7 cents a share in the distribution for the six months to end February 2016.

Acquisition of an interest in Echo Prime Properties B.V.

The weeks-long relentless heat wave hitting South Africa provides a direct contrast to what is happening to the rand: a tsunami.

Buoyed by impressive prospects in some parts of Africa, where demand outstrips supply of quality stock, JSE-listed Pivotal Property Fund is pushing ahead with its expansion into the hinterland.

The Pivotal Fund, a real estate investment firm valued at more than R6bn in market cap, marks its first anniversary as a JSE-listed entity today.

Delta Africa and Pivotal join forces to create Property Powerhouse on the African continent.

The Pivotal Fund, a development focused Investment Fund, is pleased to announce that it has purchased a 45% share in S&J Industrial, a 160 hectare (1.6 million m²) prime industrial parcel of land located in Germiston, Johannesburg.

According to Catalyst Fund Managers, the yield to maturity on the Long Term Government Bond Index weakened by 5bps to end the month at 8.44% (8.39% - 31st August 2015).

Pivotal Fund says it plans to raise R500m through the issue of new ordinary shares.

JSE listed property investment and development company, Pivotal Property Fund and Abland Proprietary Limited, broke ground on their Loftus Park development.

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