Gemgrow, a South African focused, high growth, high yielding REIT listed on the JSE, today released interim results for the quarter ending 31 March 2018.

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

Indluplace Properties Limited, the first residential focused REIT listed on the main board of the JSE, today announced its interim results for the six months ended 31 March 2018.

JSE specialist shopping centre REIT, Hyprop, today announced the results of a successful bookbuild which was 2.4 times oversubscribed, raising R782.6 million.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, sustained solid distribution growth for the half-year ended 28 February 2018. 

In line with the group’s strategy of investing across the broader European market shareholders are advised that MAS has through a subsidiary of PKM Investments S.á.r.l., entered into a sale and purchase agreement (the “SPA”) to acquire from MD CE Holdings Limited and Atrium Turkey Samsun B.V.

JSE diversified REIT - Dipula Income Fund (Dipula) – yesterday announced the results of its successful bookbuild in which it raised approximately R790 million.

JSE-listed diversified real estate investment trust Redefine Properties’ (JSE: RDF) strategy on solar energy is delivering cost efficiencies across the business and improving performance on key sustainability metrics.

Tower Property Fund has announced the launch of a separate offshore company named “TPF International”.

Industrial property in the East of Gauteng produced a strong showing in 2017, with good leasing and development activity recorded in Growthpoint Properties’ industrial portfolio.