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Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Hallam, Melbourne for AUD 22,000,000 which represents an initial yield of 6.3%.
MAS Real Estate Inc (“MAS”), a commercial property investor, developer and operator listed on the main board of the Johannesburg Stock Exchange (“JSE”) and the Euro-MTF market of the Luxembourg Stock Exchange (“LuxSE”), today reported outstanding results for the year ended 30 June 2017.
Further to Italtile’s binding offer on 16 July 2016 to Ceramic, to acquire up to a further 74.5% of Ceramic´s issued share capital, and as advised in the announcement published on SENS on 22 August 2017.
JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, will shortly enter the UK self storage market with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King.
SE listed Echo Polska Properties (EPP) - the pure Polish property play - today released interim results for the six-month period ended June 2017 (“the period”) with distributions of 5.192 eurocents a share 3.2% ahead of budget.
Fairvest Property Holdings Limited (“Fairvest”) today announced strong results for the 2017 financial year.
Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced good annual results despite a challenging year, declaring an annual dividend of 102,80 cents per share.
Shareholders are advised that Equites, through its Isle of Man based wholly-owned subsidiary.
Newly listed Spear REIT Limited has appointed Sean McCarthy as a non-executive director to the Board of Directors of the company.
UK-based Hystead Limited (Hystead), co-owned by Hyprop Investments Limited (Hyprop) and PDI Investment Holdings Limited (PDI), today announced the Euro 156 million acquisition by its subsidiary Balkan Retail NV of all the shares in Bulgarian company AP Retail I EOOD (AP Retail), which owns The Mall shopping centre located in Sofia, Bulgaria’s capital city.