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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. ... Full story

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.

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).

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 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.

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.

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.

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

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.

Century City Developer ventures into Europe with R1.4bn project

John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has expanded to Portugal in a joint venture.

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.

Atlantic Leaf Properties posts healthy results

Atlantic Leaf Properties Limited (JSE: ALP), which focuses on commercial property assets in light-industrial nodes in the UK, today released its results for the year ended 28 February 2019.

Knives out for Airbnb as SA Hotel Industry loses millions

A call on South African government to crack down on Airbnb, widely echoed by some hospitality groups, has been fulfilled by the Tourism Amendment Bill which was published last week.

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