Specialist logistics property fund, Equites, which develops and owns a high-quality portfolio of logistics properties in key locations in South Africa and the United Kingdom, raised R1.25 billion in the South African debt capital market today in a public auction of 1-year, 3-year, and 5-year senior unsecured floating rate notes.

To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water efficiency improvements in its existing commercial properties.

Growthpoint Properties (JSE: GRT) will apply its cross-sector development expertise to the R200m residential conversion of its Riverwoods office park in St Andrews, Bedfordview, in joint venture with Setso Property Fund (49%) and in collaboration with BlackBrick Hotels.

Vukile Property Fund’s (JSE: VKE) 88% held Madrid-listed subsidiary, Castellana Properties Socimi, has acquired a 21.7% shareholding in its market peer Lar España Real Estate Socimi.

Redefine Properties today announced that it proposes to make a share-for-share offer to acquire all the remaining shares in EPP it does not already own (excluding the shares held by IGroup).

JSE listed REIT Fairvest Property Holdings Limited (“Fairvest”) today reported its results for the full year ended 30 June 2021.

South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced that it is considering a strategic partnership with Resilient REIT Limited (“Resilient”) in a R1 billion transaction that will see Dipula optimise its capital structure and benefit from the retail property and deal-making experience of Resilient to create further shareholder value.

JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, today received shareholders’ approval for the implementation of a significant Black Economic Empowerment (BEE) transaction. 

Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, has joined the country’s nationwide campaign to promote the COVID-19 vaccination by introducing vaccination points and actively promoting vaccination in shopping centres across the country.

Emira Property Fund (JSE: EMI) declared a final dividend of 66.65 cents per share, taking the dividend for its full financial year to 30 June 2021 to 118.65 cents per share - up 13.7% on the previous year.