Companies
Attacq's year-on-year growth quite attractive at 20.8%‚ says CEO
Attacq CEO Morné Wilken discusses property fund’s latest results and roll out of its Waterfall pipeline. ... Full story
Attacq H1 HEPS 15c per share from 12.6c loss
Attacq reports that headline earnings per share to end December rise to 15c from a loss of 12.6c in the year-earlier period.
Retail income accelerates growth at Hyprop Investments
SA’s third largest listed property fund, Hyprop Investments says its buoyant retail property portfolio has boosted its distribution to unitholders to 262.7c a unit for the six months to December, a 13.7% increase on the 231c distribution for the corresponding period last year.
Pivotal Fund lists on the JSE’s Main Board
Capital growth property fund, Pivotal Fund Limited, today made its debut on the Johannesburg Stock Exchange with the share code “PIV” — bringing R9.2 billion portfolio to the market.
Accelerate Property Fund bumps up distribution on growth
JSE-listed Real Estate Investment trust (Reit), Accelerate Property Fund with significant exposure in the Fourways node, has boosted its distribution for the six months to September 2014.
Dipula's results trump its forecasts, but faces takeover challenges
Dipula Income Fund one of SA’s black-owned and managed, bowed out on Wednesday with record results that saw full year distribution growth of 7.2%‚ exceeding initial forecasts‚ as the value of its property portfolio grew and rental income rose.
New Boss for Nedbank’s Commercial Property Finance business
Nedbank announced the appointment of Robin Lockhart-Ross as the new Managing Executive of Nedbank Corporate Property Finance (NCPF), the bank said on Tuesday in a statement.
Safari Investments reports a 12% rise in HEPS
Safari Investments (SAR), which listed on the JSE in April this year, on Wednesday reported a 12% rise in headline earnings per share to 28c for the six months ended September 2014.
Pivotal Property Fund prepares for JSE listing
Pivotal Property Fund, whose portfolio valued in excess of R9.2 billion, today said it was going ahead with its intended listing on the JSE Securities Exchange in December.
Delta Property Fund distribution surges on tight management
Black-managed Delta Property Fund was upbeat about its interim results for the six months ended August 2014 and declared 23.1% increase in distribution to 40.01 cents per linked unit.
Attacq full year NAV per share rises 24%
Capital growth fund Attacq limited, which made an entry on the JSE last year October, today said its net asset value per share (NAVPS) increased by 24% to R14.77 for the year ended June 2014.
Redefine Properties makes 'significant' investment in Emira
Redefine Properties has made an investment in Emira Property Fund by acquiring approximately 11% of its Participatory Interests (PIs) — a move which has made Redefine become one of Emira’s larger PI holders.
Fairvest holds up in high-growth low-LSM consumer market
Fairvest Property Holdings, a retail property fund focused on mid-sized community and regional shopping centres, believes that the lower income market is showing the highest growth in retail demand.
Texton Property Fund looks to reduce its reliance on office market
Texton Property Fund Limited previously Vunani Property Investment Fund is looking to reduce its exposure to the struggling office market by diversifying into other property sectors and look at opportunities in Africa.
Frank Berkeley retires after two decades with Nedbank
Nedbank’s Corporate Property Finance Division’s managing executive, Frank Berkeley is to retire at the end of August 2014 after spending two decades in post, Nedbank announced today.
