Texton Property Fund

Oversupply and Tenant debts hit Texton Property Fund

The current economic situation being experienced in South Africa is putting pressure on the commercial real estate industry, resulting in some tenants battling to meet contractual rental payments.

Texton secures Truworths for prime Durban CBD space

Texton Property Fund has secured a long-term lease renewal with Truworths for its prominent high street shop in central Durban, KwaZulu-Natal - one of the group’s biggest stores in South Africa.

PIC lifts stake in embattled Texton Property Fund

The Public Investment Corporation (PIC), Africa's largest fund manager, has boosted its stake in the troubled Texton Property Fund (JSE: TEX) after a black empowerment investor defaulted its loan.

Texton’s shareholders vote down share repurchase from PIC

Shareholders of Texton Property Fund (JSE: TEX) have voted against the repurchase of shares in terms of the ‘Put Option’ related to Texton’s 2014 Broad-based black economic empowerment deal.

Texton Property Fund pledges to address structural problems

Texton Property Fund (JSE: TEX) has pledged to attend to its struggling company’s affairs, but not all investors are impressed.

Redefine’s diversified portfolio weathers effects of Brexit

Britain’s vote to leave the European Union (EU) has thrown most UK-focused property funds into disarray but this immediate impact on Redefine International is not a “major concern”.

Atlantic Leaf Properties sees golden opportunity in Brexit

UK-focused Atlantic Leaf Properties Ltd, says the referendum for Britain leaving the European Union (Brexit) could provide a golden opportunity for investors.

Hyprop Investments interim income grows 13.4%

Hyprop Investments (HYP) which recently bought two shopping malls in Serbia and Montenegro, today reported a dividend of 297,8 cents per share — an 13,4% increase on that declared a year earlier.

Europe beckons as Texton moves beyond office niche

Texton Property Fund plans to dramatically increase its offshore property exposure as it diversifies away from being a pure office play.

Property’s run hits obstacles

Property stocks continued to perform well over the most recent results season but market conditions and a lack of outlier events suggest this will be the last good set for results for the year.

1 2 next total: 11 | displaying: 1 - 10