Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported strong Annual Results despite a challenging business environment and slow economic growth.

Safari Investments, which has grown its portfolio about 30% in the year to March, says it is on track to reach its R3bn property target by the end of 2018.

Intu properties plc announces that it has exchanged contracts with the Queensland Investment Corporation to acquire the remaining 50 per cent of the Merry Hill estate for £410 million before expenses.

Property group Intu confirms a Thursday report in a regional newspaper that it is in talks to acquire half of a shopping centre near Birmingham it does not own for GBP410m.

Monday, 13 June 2016 09:34

Unease over expensive malls

Furry of new listings, mergers and acquisitions in the JSE's R450bn listed property sector continues unabated.

Property hybrid Tradehold makes a big play for local property by acquiring the R6.2bn South African portfolio of the Collins Property Group.

The premier shopping destination in the Vaal triangle since its opening nine years ago, Vaal Mall’s extensive R420 million expansion and revamp is nearing completion and already offers shoppers more exciting choices.

Actis, a leading growth markets investor, is pleased to announce that it has reached final closing on its third opportunistic private real estate fund, Actis Africa Real Estate Fund 3 (“ARE3”) with commitments totalling more than $500m, comfortably exceeding its original $400m target.

Taste Holdings, which mixes interests in fast-food and jewellery, is chilled about its roll-out plans for coffee store brand Starbucks.

Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced robust results for the financial year ending 29 February 2016, delivering against its pre-listing forecasts.

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