Listed Property / REITs

NEPI Rockcastle to list shares on South Africa's A2X

NEPI Rockcastle will still retain a listing on the Johannesburg Stock Exchange and Euronext Amsterdam listings.

Delta earnings slip as group seeks to reduce its reliance on SA

Government focused landlord, Delta Property Fund is looking to reduce its exposure within South Africa by diversifying property investments into other countries in southern Africa.

PwC report clears Fortress on market manipulation allegations

A report released recently by advisory firm PwC, has found no conclusive evidence to confirm market manipulation allegations made against Fortress REIT Ltd (JSE: FFA and FFB).

Investec Australia Property Fund lists on the ASX, raises R1.6bn

Investec Australia Property Fund [JSE:IAP] has listed on the Australian Securities Exchange (ASX) following its recent successful capital raising.

Dipula revenue rises 23% after Acquisition run

Black-managed JSE-listed REIT, Dipula Income Fund on Wednesday posted solid results for the six months to February this year, attributing surges in revenue and net property income to a large acquisition drive.

Izandla Property Fund announces Inauguration of first development project

A new black-empowered property group, Izandla Property Fund, which is backed by Investec Property (IP) and Investec Property Fund (IPF), opens its first development project.

No evidence of financial misconduct by Nepi Rockcastle

South Africa’s Financial Services Conduct Authority (FSCA) has closed its investigation into Nepi Rockcastle’s case, relating to possible false and misleading reporting.

Investec Australia Property Fund to raise R1bn prior to ASX listing

Investec Australia Property Fund (JSE:IAP), which seeks to list on the Australian Securities Exchange (ASX), plans to raise R1 billion by selling 76 million new units in its Australian fund.

Redefine Properties interim income grows 4%

Redefine Properties (JSE: RDF) which said last week that Sipho Pityana had replaced Marc Wainer as its chair, today reported that it had increased its interim distribution below inflation by 4 per cent to 49.2 cents

Rebosis shares extend slide as times get tough

JSE-listed real estate investment trust (Reit) Rebosis Property Fund shares slumped pushing the loss of value to nearly 81% in a year.

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