New Frontier Properties’ basic loss per share amounts to 17 US cents and the basic headline earnings per share is 1 US cent in the six months ended December 31 2014‚ says company.
Emira Property Fund has announced details of its strategic conversion to an internally managed Corporate REIT, listed on the JSE.
Recycling capital to enhance earnings for its investors, Emira has disposed of three buildings for a combined R476 million – representing a forward yield of 6.4% and a total premium to book value of 47.4%.
Stephen Koseff serves as the Chief Executive Officer of Investec Limited and has also been its Executive Director since October 06, 1986.
Delta Property Fund Limited’s bookbuild aimed at raising R400m to fund acquisitions was oversubscribed as it received bids for a total value of approximately R523 million.
ABSA will on Wednesday findout whether its acquisition of Cape Town landmark development that includes the upmarket 15 on Orange Hotel, will be approved by competition authorities.
Investec Australia Property Fund (“IAPF” or the “Fund”) announced the acquisition of a $38.9 million office building in the heart of Sydney’s growth corridor.

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