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International and Residential exposure helps Emira distribution growth

Emira Property Fund declared a 3.1% increase in distributions for its financial year ended June 2019, thanks to a push into the USA and local residential rental market.
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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....
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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....
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Positive interim results from Liberty Two Degrees despite weak economy

Retail-focused Liberty Two Degrees (JSE:L2D), posted commendable results for the six months to June 2019, despite weak consumer sentiment....
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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)....
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Grit Real Estate taking big strides in Africa

Grit Real Estate (JSE: GTR) is leading the charge of investing in the African property industry. It should double its asset base in the next two years and expand beyond owning investments in 7 African countries....
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PPC names former Lafarge veteran van Wijnen as CEO

PPC, SA’s largest cement maker, has named ex-LafargeHolcim veteran Roland van Wijnen as its new chief executive on Wednesday after a near seven-month search....
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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....
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Delta earnings slip as the group seeks to reduce its reliance on SA

The 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....
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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)....
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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....
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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....
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Emira Property Fund expands its U.S. retail arm

Emira Property Fund (JSE: EMI) has expanded its presence in the USA retail market through the acquisition of two shopping centres in Texas....
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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. ...
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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...
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