Futuregrowth Asset Management

Fairvest abandons its merger offer for Safari while Comprop ups its stakes

Fairvest Property Holdings today said it has abandoned its friendly merger with shopping mall owner Safari Investments (JSE: SAR), while Cape Town-based Comprop ups the stakes.

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.

Comprop launches R1.8bn takeover bid for Safari Investments

Unlisted property group, Community Property (Comprop) has launched a R1.8-billion buy-out abid to acquire the entire issued share capital of JSE-listed mall owner Safari Investments (JSE: SAR).

Transnet secures R12bn loan

Transnet has secured a R12 billion club loan from five lenders to fund its locomotives fleet acquisition programme.

CPF promises more township shopping centres

Futuregrowth Asset Management took a bold step in 1996 when it launched its Community Property Fund (CPF), dedicated to establishing shopping centres in townships and rural areas.

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