JSE property funds adding to portfolios
Listed Property funds grow property portfolios in highly competitive market.
Ascension Properties buys Atterbury House for R341m
Ascension Properties (AIA) has bought Atterbury House in Cape Town‚ which includes the property and buildings known as Shell House and Ovenstone House from Atterbury Investment Holdings (AIH)‚ the company said on Wednesday.
Vukile terminates bid to acquire five shopping centres
Vunani Property Investment Fund receives approval to raise R760m for acquisitions
Vunani Property Investment Fund (VPIF) received substantial approval from linked unit holders to raise up to R760 million by way of a rights offer to grow its portfolio.
IFA Hotels and Resorts receives takeover offer
IFA Hotels & Resorts receives a firm intention from Kuwait-based KSCC
Rebosis unitholders supports new office portfolio acquisition
Rebosis Property Fund today reported overwhelming support from its linked unit holders with 99.9% of votes cast approving the Fund’s proposed acquisition of and capital raising for the Nthwese property portfolio.
Synergy to acquire Atlantis City Shopping Centre for R334m
Synergy Income Fund Limited has announced that it will acquire Atlantis City Shopping Centre in the Western Cape for approximately R334 million.
Premium and Octodec Merger on track after SA REIT adoption
Wapnick confirms that the much-anticipated merger between Premium and Octodec is now firmly on the cards, given the JSE’s adoption of the new real estate investment trust (Reit) structure
R45m Nedbank Property Finance loan enables Ascension Properties acquisition
Transformation within the property industry and the growth of the listed property sector in South Africa is set to receive impetus following the finalisation of a R45 million loan agreement between Nedbank Corporate Property Finance and Ascension Properties Limited.
Hyprop exits Sycom through share swap
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.