Rebosis Property Fund has concluded agreements for the acquisition of letting enterprises and properties from several vendors.
Plans to list South Africa’s first dedicated convenience retail property fund on the JSE Securities Exchange are on track for mid-December following the bourse’s approval
JSE and London Stock Exchange-listed Redefine Properties International announces that after the retirement of Philippe de Nicolay, Greg Clarke is appointed chairman of the diversified income focused property firm.
The JSE’s R146bn listed property sector has posted another solid performance over the past 12 months, making more money for investors than general equities, cash or bonds.
Property loan stock company Vukile Property Fund says it is to acquire a portfolio of 20 properties, worth nearly R1.5bn, from Sanlam Life Insurance.
Redefine Properties, with a market cap of R21,5bn, is not shooting out the lights yet — growth of 3% in income payouts for the year to end-August is well below the sector’s average of 6%-7%.
The company made its debut on the JSE in May, only interested quality assets that would enhance yields while growing its portfolio.

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