Monday, 11 September 2006 02:00

CIREF on a R212 Million acquisition trail

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.

Thursday, 07 September 2006 02:00

Hyprop withdraws from V&A Waterfront bidding

Hyprop Investments is pulling out of bidding for the Victoria & Alfred (V&A) Waterfront.

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.

Wednesday, 11 January 2006 02:00

Resilient takes 60% of Witbank arcade

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.

Thursday, 02 June 2005 02:00

Metboard reports higher revenue

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.

Growthpoint gets approval for Tresso transaction.

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

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