There will be a feeling of déjà vu about November’s listing on the JSE of Spear Reit, a property investment vehicle focusing exclusively on the Western Cape.
Construction groups say they will collectively pay R1.25bn to accelerate transformation in the country's construction sector in settlement of collusion claims in the industry.
The JSE’s only listed specialist logistics property developer and landlord, Equites Property Fund Limited, today announced a 20% increase in half year distributions to 54.44 cents per share.
Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of a 50% interest in an institutional grade office tower in the heart of the Brisbane CBD with Abacus Property Group (ASX: ABP) for a total purchase price of AUD 132,000,000. Abacus, its management team and majority shareholder are well known to the Fund and the Investec Group.
Rebosis Property Fund, the JSE’s first listed black-managed REIT, today announced that it has obtained overwhelming shareholder support to acquire two large, regionally dominant retail centres as well as the services companies from property developer Billion Group (Pty) Limited.
Growthpoint Properties has announced it will dispose of a portfolio of 13 non-core office properties on an invited tender basis.
Greenbay Properties plans to raise R1.75bn through the issue of new shares, in line with its investment policy.
Stor-Age Property Reit acquired a smaller competitor as it looks to increase its scale, having grown organically in the past.

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