New Europe Property Investments expects distribution per share to be 15% higher.

New Europe Property is to undertake a rights offer to raise about EUR100m.

GoGlobal Properties‚ which listed on the Bermuda Stock Exchange last month‚ said on Monday its secondary listing — on the AltX — would be effective from Monday next week.

New Europe Property Investments acquires Bvb Real Estate, owner of a landmark A–grade office building situated in Bucharest, Romania

South Africa’s listed property sector gained 1.4% during the week ended 15 February 2013. Since the start of the year, both the listed property sector and the FTSE/JSE All Share Index have returned 3.7%, while the bond market has returned just 0.6%.

Romanian-focused property play New Europe Property Investments (Nepi), cofounded six years ago by SA’s Resilient group, continues to churn out a solid and growing dividend stream despite ongoing eurozone troubles.

South Africa’s listed property sector gained 1.3% during the week ended 8 February, after both Resilient and New Europe Property Investments (NEPI) reported results last week. 

New Europe Property Investments reports a rise in its diluted headline earnings per share in the year to December to EUR21.96c from EUR18.70c in the similar period a year ago.

The local listed property sector declined by 0.7% in the first week of October, as international investor sentiment towards South Africa continued to deteriorate in the wake of further labour unrest.