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Texton Property Fund chief operating officer steps down

Texton Property Fund says Lyndon Kan has resigned as chief operating officer of Texton to pursue private business opportunities. ... Full story

Tower opens new chapter by branching out overseas

SA property funds may have been posting double-digit growth, but they are on the prowl for assets outside their home turf to diversify from the competitive home market. ... Full story

Indluplace acquires residential portfolio for R420m

Indluplace Properties, the residential property portfolio of Arrowhead Properties, said on Tuesday it had acquired a residential portfolio from Connaught Properties for R420 million, increasing its portfolio to R2 billion. ... Full story

Accelerate FY distribution up 49.21c vs 13.77c

Accelerate Property Fund sees its distribution per share jump to 49.21c for the full-year ended March 2015 from 13.77c. ... Full story

Redefine set to take full control of Fountainhead

Redefine Properties’ drawn-out battle to acquire Fountainhead Property Trust is nearing its end, with the two property funds yesterday jointly announcing a takeover agreement. ... Full story

Arrowhead Properties chairman steps down

Property loan stock company Arrowhead Properties says Taffy Adler has stepped down as chairman of its board. ... Full story

Indluplace Properties the first Residential REIT to list on JSE

South Africa’s first specialised listed property fund invested exclusively in residential, Indluplace Properties Limited (JSE: ILU), on friday listed on the JSE. ... Full story

Delta shareholders approve new asset management group

Black-managed property fund Delta Property Fund says it has received shareholder approval to appoint a new asset management company. ... Full story

Acquisitions boost Stenprop

Stenprop, the Bermuda Stock Exchange-listed property company with a recent secondary listing on the JSE’s AltX, on Thursday posted strong annual financial results, thanks to the "transformational" acquisition of Stenham's property portfolio. ... Full story

Texton CEO, finance director resign

Texton Property Fund says its CEO Rob Kane and finance director Marelise de Lange have resigned. ... Full story

Griffin sells R826m property assets to Investec

Real estate group Griffin Holdings has disposed of a portfolio of 22 properties for R826 million to Investec Property Fund at a yield of 9.3% based on contractual income. ... Full story

Atlantic Leaf raises R567.5m in private placement

Atlantic Leaf Properties raises R567.5m by way of a private placement of Atlantic Leaf shares to invited investors. ... Full story

Safari expects FY distribution to grow between 60% and 75%

Safari Investments expects to boost its distribution per share for the year ended March 2015 to be between 32 cents and 35 cents, being an increase of between 60% and 75%. ... Full story

Sycom Property Fund changes year end to June 30

Sycom Property Fund reiterates that it has changed its year end to June 30 to align with the year end of its parent company‚ Growthpoint Properties. ... Full story

Emira’s CEO James Templeton resigns

Emira Property Fund said on Monday that its Chief Executive Officer James Templeton would step down end of August 2015, to pursue personal interests outside of the listed property sector. ... Full story

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