Arrowhead, the JSE-listed property company, has concluded an agreement to acquire 34,5 million Dipula B linked units (comprising 22% of Dipula's B linked units) from Investec Asset Management.
Tower Property Fund announced on Monday the acquisition of Cape Town-based De Ville Shopping Centre for the sum of R226m‚ to be paid in shares.
Redefine and Annuity Properties informed the market that they have agreed that Redefine will acquire the entire issue capital of Annuity by way of a scheme of arrangement, and Annuity's asset and property management companies.
Dipula Income Fund has recently acquired and taken transfer of four properties for a combined R265,6 million, comprising three retail centres and an office block.
Delta Property Fund today announced that it has concluded agreements to acquire a 17.75% stake in Ascension properties, and has received letters of support from institutional investors, which together effectively secure Delta a major 41.40% investor voting bloc in Ascension.
April 2013’s introduction of REIT legislation has created the platform for natural consolidation across the sector, with most of the regulatory uncertainty now out of the way
Bonatla Properties sells Milestone Place Properties and Property 259 Properties to Polska Properties Direct in two separate transactions.
Octodec and Premium announced they have entered into an agreement with IPS Investments and City Property Administration that will see IPS repurchase City Property’s shares in IPS for a cash consideration of R127.5 million and the repayment of City Property’s shareholders loan in IPS of R48.1 million.

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