The Public Investment Corporation SOC Limited (PIC) has increased its beneficial shareholding in Texton Property Fund, growing its stake in the JSE-listed SA REIT from 5.2% to a significant 18.9%.

Growthpoint Properties today announced 5.9% growth in distributable income to R3.1bn with revenue from the group increasing 4.3% for its half-year to 31 December 2018, representing dividend growth of 4.5% per share for investors.

Texton Property Fund today reported a total dividend of 36.18 cents per share for its half-year ended 31 December 2018.

Vukile Property Fund will appoint respected stalwart of South Africa’s listed property sector, Laurence Cohen, as its new Chief Financial Officer.

Four property industry experts share their insight into thriving in the property investment arena.

The SA REIT sector is set to deliver double-digit total returns to investors next year.

Growthpoint Properties continues to grow internationally with a further ZAR908 million investment in Australia.

Vukile Property Fund today reported 7.5% growth in dividends to 78.1 cents per share for its half-year to 30 September 2018, which is well in line with its full-year guidance.

NEPI Rockcastle updates the valuation of its property portfolio in June and December each year. Fair value is determined by external, independent professional valuers with appropriate and recognised qualifications, and recent experience in the locations and category of properties being valued.

Listed real estate investment trust (REIT) Redefine Properties (JSE: RDF) continues to weather challenging economic conditions by building a robust asset platform to sustain and nurture organic growth, both at home and abroad.

Page 1 of 3

Most Popular

Africrest Roars Proud With Its Latest Office To Residential Conversion - ‘The Leo’

Apr 29, 2019
 THE LEO
This month, Africrest Properties opened their latest residential conversion project up…

John Rabie launches European development company with R1,4b project in Lisbon

Apr 29, 2019
 JOHN RABIE
John Rabie, one of South Africa’s most successful property developers, has recently…

Request for Proposals for the Lease and Development of Properties

Apr 29, 2019
PRASA hereby invites proposals from potential tenants to lease and develop/upgrade…

Concor building hands over city-sytle Maluti Crescent

Apr 29, 2019
 MALUTI PIC 01
Within the 13 month timeframe and in time for its official opening on 21 March 2019,…

Abland launches The Rubik in Cape Town CBD

Apr 29, 2019
 THE RUBIK 1
Abland, one of South Africa’s leading property developers for over 30 years, is…

Please publish modules in offcanvas position.