CIREF Limited - Corovest International’s property fund – which listed on the London Stock Exchange’s aim market earlier this year, recently acquired three property interests totalling R212 million. The acquisitions will boost the portfolio value to R1,4 billion.
Listed property loan stock company iFour Properties said yesterday it had delivered a total return of 21,1% to its unitholders for the year to June.
The Competition Tribunal has unconditionally approved the acquisition of Concor by multi-faceted global contractor Murray & Roberts
South Africa's listed property sector is expected to produce a total return of 16% over the next year, according to Metropolitan Asset Managers.
Listed property loan stock Resilient Property Income Fund said yesterday that it would own a 60% interest in a new R450m shopping centre in Witbank.
Metboard Properties reports a 22.6% rise in revenue to R233m and trading income up 21.4% to R181.6m for the year ended March 2005.
Metboard intends to expand its portfolio by actively seeking industrial clients that wish to grow and that require a focused and established property fund to assist them in meeting their property needs.
The race is now on between Murray & Roberts and Wilson Bayly Holmes-Ovcon to conquer smaller rival Concor

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.