The Pivotal Fund Limited (‘Pivotal’), a development-focused investment fund, today reported solid results for the six months ended 31 August 2016 with a 17.35% increase in net asset value per share to R23.00, excluding deferred tax (“NAVPS”) year-on-year.
South Africa’s inflation has been forecast to dip to 6.4% for the remainder of 2016, National Treasury said on Wednesday.
Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced a solid set of results for the six months ended 31 August 2016.
Acsion expects to report earnings per share (“EPS”) and headline earnings per share (“HEPS”) of between 28 cents to 32 cents (an increase of between 15% and 32%), compared to EPS and HEPS of 24.3 cents and 24.2 cents respectively, reported for the six months ended 31 August 2015.
Accelerate conclude pre-agreement with the Supernova Privatstiftung group to acquire a portfolio of 9 well located retail warehouse properties in Austria and Slovakia.
Competition Tribunal is today due to confirm an immunity agreement JSE-listed construction group Aveng struck with the Competition Commission.
Andrea Taverna-Turisan‚ CEO of Equities Property Fund‚ discusses half-year results from the specialist logistics property developer and landlord.
Listed property continues to be an attractive investment compared with other asset classes, but it is likely to achieve single digit total returns this year.
Growthpoint Properties’ Greenfield Industrial Park in Cape Town has been awarded South Africa’s first ever Green Star SA rating for an industrial property.

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