Vukile Property Fund said that it believed the terms and conditions of the Giyani Plaza acquisition were fair to its linked unitholders.

Redefine Properties has declared a distribution of 16 cents per linked unit for the quarter ending in February, which combined with the distribution of 15 cents for the quarter ending in November 2010, results in a total distribution of 31 cents per linked unit for the six months ended February 28.

Wednesday, 04 May 2011 02:00

Firestone seeks funds for coal project

Firestone seeks funds to raise A$10m through share purchase to order long lead construction items for Waterberg Coal project.

Tuesday, 03 May 2011 02:00

Rebosis to list on JSE on May 17

Rebosis said that it will allow qualifying investors to subscribe for up to 165 851 703 linked units at an issue price of R10 per linked unit.

Thursday, 07 April 2011 02:00

Investec Property Fund to relist on JSE

Investec Property Fund has announced that it will relist on the JSE with effect from April 14.

Global commercial real estate firm Jones Lang LaSalle (NYSE: JLL) has announced the formation of Jones Lang LaSalle South Africa following the acquisition of one of the country’s leading corporate property service providers, Bradford McCormack & Associates (BMA)

Capital Property Fund and Pangbourne Properties have brought to finality all outstanding conditions relating to their tie-up deal.

Friday, 11 March 2011 02:00

Retail on top of the pile

It was once an illiquid sector strictly for insiders, but now real estate has become a much more tradable sector and contains top property assets in SA.

Premium Properties announced that it intended to raise R400m by way of a partially underwritten renounceable rights offer of 26 666 667 Premium-linked units.

Wednesday, 22 December 2010 02:00

Listed property’s outlook muted

 

Although the listed property sector has performed exceptionally well this year, beating the JSE all share index on returns, expectations for next year are slightly muted given the lag between a turnaround in the economy and the sector.

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