Property development and investment company Billion Group announced the creation and planned listing on the JSE of Rebosis Property Fund, a blackowned and managed property fund valued at about R4bn.
Billion Group has launched the Rebosis Property Fund - a black-owned and managed property fund which will list on the JSE in December.
Growthpoint Properties Limited has announced that it has issued R200 million of 3-month senior unsecured commercial paper (CP)
Bonatla Property Holdings has decided not to pursue its plans to acquire two shopping centres owned by troubled property syndicate Sharemax.
In response to changing capital market liquidity requirements, Old Mutual Investment Group Property Investments (OMIGPI) - the property asset management and development arm of Old Mutual SA - is gearing up to list it's blue-chip portfolio on the JSE
Redefine is on track to list its subsidiary, Redefine International, on the JSE on 7 September 2010, providing South African private and institutional investors with the opportunity to utilise Rands to invest in an international portfolio of properties
Vukile Property Fund has warned that increases in electricity prices and higher municipal rates would push tenants’ costs higher, which is likely to have a negative effect on rental affordability.
South Africans will have an opportunity to own properties in Germany and the UK by buying shares in Redefine International, which is expected to have an initial market capitalisation of R2,5bn.
In a pioneering transaction within the Property Unit Trust (PUT) sector of the JSE, Emira Property Fund announced that it has reached agreement with the manager of the Fund, Strategic Real Estate Managers (STREM), to amend the terms of its service charge arrangement

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.