Property loan stock company Arnold Property Fund (A-Prop) has added a property portfolio valued at R69,2m to its asset base.
Property investment holding group Atlas Properties is set for a ninth consecutive increase in earnings, says the group's MD, Ian Raubenheimer.
Fraternity hopes mergers will deliver bigger, better and more liquid funds and draw the attention of fund managers.
NEDCOR Investment Bank (NIB) and Kagiso Property Holdings have put together a R636m property fund called the Resilient Property Income Fund to be listed on the JSE Securities Exchange SA (JSE) next Friday.
REDEFINE Income Fund CEO Peter Penhall has challenged criticism of the hybrid property loan stock company structure, saying specialist equity managers would not necessarily have the depth of knowledge of the property market a hybrid's manager has.
Property loan stock company Fairvest has published its intention to make an 85c a linked unit offer for property investment company Bonatla.
Cape Town - Hybrid property loan stock companies were finding more favour among investors despite the fact that they continued to be controversial in the industry, Coronation said yesterday.
Pretoria - ApexHi, the JSE Securities Exchange-listed property loan stock company, has acquired six new properties in Port Elizabeth worth R45 million, boosting the value of its portfolio to R1.925 billion.
Insurance group Momentum is considering raising its R320m cash offer for two Johannesburg north properties, The Mall of Rosebank and the adjoining office block JHI House, says Warren Schultz the chief operating officer of RMB Properties, which is acting on behalf of Momentum.
PROPERTY loan stock company Fairvest has pulled off its R420m property portfolio acquisition by using a complicated financial technique that essentially defers a substantial portion of payment to vendors.

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