Redefine Properties raised R1,5 billion yesterday through the placing of 133,333,334 new shares at a price of R11.25 per share, through an accelerated book build, which was well over subscribed.

SA's listed property companies struggle to find well priced acquisition opportunities and takeovers are becoming more difficult to achieve now as there are no easy targets.

In a deal which catapults the fund onto a entirely new level, Tower Property Fund has purchased four retail centres in Croatia from Agrokor - the largest company in the Adriatic region.

SA's listed property companies struggle to find well priced acquisition opportunities and takeovers are becoming more difficult to achieve now as there are no easy targets.

Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported strong Annual Results despite a challenging business environment and slow economic growth.

Investec Australia Property Fund announced the acquisition of a three level, A-grade property in Macquarie Park, Sydney for AUD 23,255,000.

Property group Intu confirms a Thursday report in a regional newspaper that it is in talks to acquire half of a shopping centre near Birmingham it does not own for GBP410m.

JSE newcomer Stor-Age - South Africa’s largest self storage property fund - today posted maiden annual results outperforming its pre-listing forecasts and reflecting its recession-resilient business model and product. 

Germany-focused business park owner Sirius Real Estate is raising up to EUR20m by a private placement of new ordinary shares to fund various acquisitions.

Furry of new listings, mergers and acquisitions in the JSE's R450bn listed property sector continues unabated.