SA Reit has been busy since it relisted from the JSE late last year as a new-look, recapitalised property investment and development company
Listed property loan stock companies SA Reit and Redefine Income Fund will redevelop a Cape Town central business district (CBD) site to create a state-of-the-art 18-storey office block valued at more than R600m.
The Madison stable of listed property companies, including Madison itself, all issued cautionary announcements yesterday indicating they were considering a proposal that could see them merge into a single property fund.
JSE-quoted construction firm Basil Read on Wednesday signed a partnership agreement with State-owned financier National Housing Finance Corporation (NHFC) to develop low- to middle-income housing
In spite of double-digit distribution growth, the South African listed property sector has lost 24% of its value since November
Just as it was with New York when it was in decline, so it was in Joeys. Maybe that’s because the media are basically the same whatever continent they are in, they just love bad news...
The leasing team at Growthpoint's Durban regional office concluded commercial property leasing deals in excess of R220 million during 2007
South Africa's largest JSE-listed property asset manager, Madison Property Fund Managers has achieved a total distribution of 76 cents per linked unit for the year ended 31 December 2007, 30% higher than the annualized maiden distribution of 39 cents for 2006
SA’s listed property sector is expected to deliver an annual total return of about 15% for the next three years on the back of strong property fundamentals, low vacancies and solid income growth
Property shares appear to be settling around 15% below their level of late last year, disconnecting from the recovery in the overall JSE

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