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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.

Rebosis shares plunge on poor results

The value of Rebosis's property portfolio, comprising retail, office and industrial space, fell almost 4% to R18.1bn

Rebosis Property Fund aims big with Shopping Centres

Retail-focused real estate investment trust Rebosis Property Fund, has concluded a transaction valued at R5 billion, acquiring two large regional malls — Baywest Mall in Port Elizabeth and Forest Hill in Pretoria.

Growing portfolio pays off for Rebosis Property Fund

The injection of a substantial property portfolio into Rebosis Property Fund last year is paying off with the fund announcing an 8.2%% increase in its distributions for the year ended August 2016.

Brexit uncertainty starts to affect Listed property funds

The U.K.'s decision to leave the European Union created uncertainty in several sectors of the economy, including the property investment market.

Rebosis Property Fund gets nod for R5 billion acquisition

Rebosis Property Fund announced that its decision to acquire two regional retail centres as well as the acquisition of Billion Group (Pty) Limited manco, valued at R5bn has been approved by the majority of the firm's shareholders.

Acquisitions push Rebosis Property Fund’s portfolio up R18.6 billion

Black-owned property group, Rebosis Property Fund pushed up total assets under management to R18.6 billion after a R6 billion acquisition that will substantially increase the group’s exposure to retail assets.

Partnership plans major Retail Property Developments in Eastern Cape

Nedbank Corporate Property Finance has collaborated with Billion Group on delivering economic development opportunities in the Eastern Cape, which involves construction of BT Ngebs Mall in Mthatha.

Billion Group drives expansion outside South Africa

The Billion Group, a property developer is undertaking 12 retail shopping centre developments in Africa in an effort to expand its footprint and diversify its income away from a single economy.

Rebosis unitholders approve proposed office portfolio acquisitions

Rebosis Property Fund yesterday confirmed that its proposal to acquire and capital raising for the Nthwese property portfolio, has received support from its linked unit holders with 99.9% of votes cast.

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