Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced sound interim results, declaring an interim dividend of 47,95 cents per share.

Fairvest Property Holdings Limited (“Fairvest”) today announced another set of strong results for the first six months of the 2017 financial year, with distributions increasing by 9.57% year-on-year.

Growthpoint Properties Limited today reported distribution growth of 6.1% for its six-month interim period to 31 December 2016, delivering performance comfortably in line with market guidance.

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”).

Tuesday, 21 February 2017 12:11

Stor-Age close R500 million acquisition

JSE self storage REIT, Stor-Age, today announced that it had raised R400 million in a significantly oversubscribed book build to fund its milestone acquisition of Storage RSA (“RSA”), one of the country’s largest private self storage operators. 

Listed property company Tradehold (JSE:TDH) has completed its acquisition of the Collins Group, with the purchase of the Collins Group’s South African property portfolio, as well as its property development and management business.

Emira Property Fund Limited today reported a 68,93 cents dividend per share for its half-year ended 31 December 2016, which is in line with its market guidance.

Investment grade hotel assets on the continent are traditionally tightly held due to the dominance of owner operators, high net worth individuals and family offices.

Jones Lang LaSalle Incorporated (NYSE: JLL) today reported diversified revenue increases for the full year and fourth quarter of 2016.

Mara Delta, the only listed Africa focused distribution fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today reported strong interim financial results for the six months ended 31 December 2016.

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