Synergy Income Fund

Vukile Property Fund gains 7% distribution growth

Vukile Property Fund (JSE:VKE) on Thursday reported 7% growth in distributions to 146,35 cents per share for its full year to 31 March 2016.

SA’s listed property market Comes of Age

South Africa’s listed property sector made strides in becoming an accepted and even popular asset class in 2014, SA Commercial Prop News has learned.

Consolidation to sweep SA's listed Property Sector

With little room left for growth and the desire to attain size, liquidity and attract institutional investors, South African Real Estate Investment Trusts (REITs) are looking increasingly to merge with others that have similar portfolios.

Property Management — A matter of Give and Take

Pareto Limited on Monday said it had taken property management in-house and consolidated trading activities under one specialised business unit, while Investec Property Fund Limited come out in support to outsource its management.

Vukile's interims signify 10th consecutive year of growth

Vukile Property Fund signalled its 10th consecutive year of growth, saying it had delivered on market guidance and established a decade-long track record of unbroken growth in distributions and positive performance for investors.

Vukile acquires stake in Synergy from Liberty Group Limited

Vukile Property Fund Limited, today announced that it has acquired a 34% stake in Synergy Income Fund Limited from Liberty Group, boosting Vukile’s investment exposure to retail property and the Western Cape region.

SA's Listed property sector gains from better than expected results

AFTER Resilient Property Income Fund and New Europe Property Investments (NEPI) last week reported better than expected results South Africa’s listed property sector gained 1.3% during the week ended February 8.

Nedbank backs more retail growth through Synergy

Nedbank partnered with Synergy Income Fund to purchase King Senzangakhona shopping centre in Ulundi, KwaZulu-Natal and The Setsing Crescent shopping centre in Phuthadijhaba, Free State.

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