Capital Property fleshes out restructuring plans that aim to position it as a corporate real estate investment trust.
Dubai's Emaar says its net profit soared 55% in the first quarter on a yearly basis due to surging real estate sales and rising retail revenues.
"Real Estate auctioneering is very difficult and companies need to be highly proactive to do the job justice.
South African investors are making more money on commercial real estate than any of their offshore counterparts.
Redefine International today announced it has agreed to purchase the remaining 40% of the issued shares in BNRI Earls Court Limited to secure full ownership of the Holiday Inn Express Hotel in Earls Court, London.
Smaller property funds are finding it difficult to compete in making acquisitions because of the increased cost of funding, this makes them targets for takeover by larger rivals.
SA hotel industry looks to be emerging from its post-Soccer World Cup slump‚ occupancy and room-rate figures for last year show.
Redefine International successfully completed its accelerated bookbuild capital raise earlier today. The placement was substantially oversubscribed with strong demand from both the UK and South African investors resulting in the total share placement being increased to 9.9% of the current issued ordinary share capital prior to the Placing.

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