Wednesday, 15 December 2010 02:00

SA listed property resilient in 2010

 

The South African listed property sector held its own throughout 2010 relative to other asset classes.

Leading JSE listed property company Growthpoint Properties Limited [JSE: GRT] has raised R500 million in the first corporate bond to be issued by a South African listed property company

Thursday, 02 December 2010 02:00

Redefine buys into ITB Herzogenrath, Schwandorf

Redefine Properties International has acquired effective 50% holding in ITB FMZ Herzogenrath B.V. and effective 50% holding in ITB Baumarkt Schwandorf B.V.

Thursday, 25 November 2010 02:00

Redefine approves final dividend

Redefine Properties International announced that a final divided for the 11 months ended August 2010 has been approved at the company's extraordinary general meeting.

Cape Town entrepreneurs are set to benefit from a new enterprise development initiative being launched to empower SMMEs (small, medium and micro enterprises) in the mother city by South Africa’s largest listed property company

Nedbank Corporate Property Finance is funding R840 million for the development of a new head office for Alexander Forbes in Sandton, on behalf of Zenprop Property Holdings (Pty) Ltd

In addition to being the best performing SA asset class year-to-date with total returns of 27.41%, up 29.90% over the past 12 months, listed property has once again excelled amongst South Africa’s top 100 companies

Friday, 19 November 2010 02:00

Vividend Income Fund lists on the JSE

 

Vividend Income Fund debuted on the JSE on Thursday, listing 104.7 million linked units at an issue price of R5 per unit, raising R523.8 million.

Thursday, 11 November 2010 02:00

Vividend aims to grow assets

Property loan stock group Vividend says that it aims to grow its assets to the tune of R1.5bn by the end of August next year.

Redefine Properties Limited has declared a final distribution of 17 cents per linked unit for the three months ended 31 August 2010

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