Affordable Housing Company (Afhco)

SA Corporate Real Estate turns down takeover offers

SA Corporate Real Estate disclosed to the market on Monday that offers from competitors, Dipula Income Fund and Emira Property Fund were not in the best interests of the company.

SA Corporate bidding war looms as Dipula cuts in on R9bn takeover

Dipula Income Fund (JSE: DIA), one of SA’s black-owned property group, has unveiled a takeover bid for SA Corporate Real Estate (JSE: SAC), saying it intended to acquire all the linked units in the company.

Consortium to roll out multi-million rand housing projects

A consortium of developers, Calgro M3 and SA Corporate Real Estate Fund agreed to create a housing joint venture that may be listed in future.

SA Corporate shares rally after R439m Joburg CBD Investment

Shares of JSE-listed SA Corporate Real Estate Fund surged 2,6% to close at 393c on Monday after reports that the group had acquired a significant investment in the Johannesburg CBD from Afhco Group.

R80m Newgate building breathes new life into Joburg CBD

Johannesburg’s inner city continues to show signs of rejuvenation, as Standard Bank JV's with Afhco to launch the Newgate building, an affordable residential precinct anchored by a 7500m² Retail Centre located on the lower levels.

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