Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.

Wednesday, 12 September 2018 13:10

South African millennials are buying homes

Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.

Fortress REIT Limited, the diversified property group, has secured Vodacom as a major new tenant at its Louwlardia Logistics Park development in Centurion for a period of five-years, a major coup for the company, which also has We Buy Cars and Goldwagen Car Parts as tenants at the same facility.

Tuesday, 04 October 2005 02:00

Pam Golding Commercial auctions launched

 

Pam Golding Commercial, a member of the Pam Golding Property group, has launched an  auction division - Pam Golding Commercial Auctions - to cater for this highly effective and increasingly popular means of selling commercial investment property in a short period of time and at a market related price.

Thursday, 08 July 2004 02:00

Alpina considers restructuring

 

Listed property group Alpina Investments ltd (ALA) cautioned that it was considering a restructuring of its "A" and "B" class linked units intoa single unit, which could result in a change of control of the company.

Friday, 21 May 2004 02:00

Hyprop announces R376m rights offer

 

Property group Hyprop (HYP) announced a 376 million rand rights offer, which has been split into a 124.65 million rand raised by issuing nine million shares, and with the balance offered to existing shareholders at a price of 13.50 per unit in the ratio of 19 units per 100 held. The rights offer will not be underwritten.

Friday, 31 January 2003 10:01

Liberty has 5% valuation surplus.

UK-BASED property group Liberty International emerged from last year's harsh trading conditions with a 5,2% valuation surplus.

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