Fountainhead Property Trust has agreed to sell to Redefine Properties all of its assets, including the Fountainhead property portfolio, in exchange for 82 Redefine shares for every 100 Fountainhead units held.
Emira Property Fund today confirmed that it is set to increase its growth in distribution per share to 7.5% for its full year to 30 June 2014, and outperform its 6.5% half-year distribution growth.
McCormick Property Development have laid the foundation for their journey into Africa with the commencement of construction of their first development in the Tete province of Mozambique.
Retail development specialists, McCormick Property Development, are developing their largest CSI development to date in the town of Dwarsloop in Mpumalanga.
Vukile Property Fund's CEO Laurence Rapp says the company has rebased its portfolio and that it will match the listed property sector's performance in the near future.
Rockcastle Global Real Estate reports a nine-month headline earnings per share of 9.22 US cents to the end of March from 28 US cents.
Construction of the new R900 million regional Thavhani Mall in Thohoyandou in Limpopo's Vhembe District Municipality will break ground in June 2014.
Intu Properties says its operating metrics for January to May 8 period are broadly stable, with occupancy across its centres in London remaining high at 95%.

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