African Land Investments

Attacq full year NAV per share rises 24%

Capital growth fund Attacq limited, which made an entry on the JSE last year October, today said its net asset value per share (NAVPS) increased by 24% to R14.77 for the year ended June 2014.

Attacq posts sterling maiden half-year figures

Newly JSE-listed capital growth property group Attacq on Wednesday announced its financial results, with net asset value per share (NAVPS) showing an increase of 19.9% since JSE listing in October last year.

R3 billion earmarked for Sub-Saharan Africa shopping centers

Seen as the next growth point, Sub-Saharan Africa is in for a commercial transformation, with Hyprop Investments, SA’s third-biggest property company by market value, planing to invest over R3 billion (approx. $272m) developing and acquiring shopping centers.

Retail focus lifts Hyprop Investments distributions

Rosebank Mall owners, Hyprop Investments Limited today declared 9,5% rise in distributions for the six months ended December 2013 to 231c per unit, and had significantly "bulked up" its asset base to R25 billion.

Sub-Saharan Africa tops Retail Property Investment

Sub-Saharan Africa has become the hub of retail property activity, accounting for project developments worth R30,6 billion under construction and others set to break ground before the year end.

HBW Group plans to list African property fund

South African real estate developer HBW Group Pty Ltd. plans to raise $85 million (£55 million) by selling shares in an African property fund as retailers look for land to expand in the world’s second-fastest growing region.

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