Companies
Retail focus lifts Hyprop Investments distributions
Rosebank Mall owners, Hyprop Investments Limited today declared 9,5% rise in distributions for the six months ended December 2013 to 231c per unit, and had significantly "bulked up" its asset base to R25 billion. ... Full story
Group Five shares gain on results update
JSE-listed construction and engineering firm, Group Five, on Monday posted a 40.7% rise in headline earnings per share (HEPS) to 204c for the six months ended December 2013 from 145c a year earlier.
Attacq builds on its property share success
JSE-listed property group, Attacq previously Atterbury Investment Holdings, says it has in succession produced results in terms of returning on shareholder capital growth.
Significant steps forward in Fountainhead’s portfolio repositioning strategy
JSE-listed property group, Fountainhead Property Trust has made significant progress in the implementation of its strategy of restructuring and improving the quality of its core property portfolio.
Accelerate Property Fund lists on JSE main board
Retail-focused property group‚ Accelerate Property Fund listed today on the main board of the Johannesburg Stock Exchange (JSE), in the Real Estate Holdings and Development sector.
Investor support for capital raise ‘bodes well for Accelerate’
Amid a volatile and difficult period in the listed property market, Accelerate Property Fund received good investor support for its capital raise prior to the fund’s listing on the JSE next Thursday.
Vukile acquires stake in Synergy from Liberty Group Limited
Vukile Property Fund Limited, today announced that it has acquired a 34% stake in Synergy Income Fund Limited from Liberty Group, boosting Vukile’s investment exposure to retail property and the Western Cape region.
Redefine Properties appoints new non-executive director
Redefine Properties today announced that Robert Robinson has been appointed as an independent non-executive director to the Board of Directors of Redefine.
Vukile distribution lifts on improved portfolio composition
JSE-listed Vukile Property Fund today declared a distribution of 54.81c per linked unit which represented growth of 5.0% for the six months ended September 2013.
Distribution from Investec Property Fund up 7.7%
JSE-listed property group Investec Property Fund (IPF) on Thursday recorded a distribution of 50.46c per unit for the six months ended September 2013, an increase of 7.7% compared with the previous year.
Dipula Income Fund beats distribution forecast
Dipula Income Fund (DIA‚ DIB) on Thursday delivered its financial results for the year to August 2013‚ reporting growth of 7% in combined A- and B-linked distributions‚ delivering on its guidance to investors.
Acucap Properties delivers stellar half-year results
Acucap Properties (ACP) has reported a distribution of 159.89c per unit for the six months ended September 2013 - 5.9% higher than the corresponding six-month period last year and in line with guidance for the full year to end-March 2014.
Sycom Property Fund gains 4.4% distribution growth
JSE-listed property group Sycom Property Fund (SYC) on Thursday reported a distribution of 88.12c per unit for the six months ended September 2013, an increase of 4.4% from a year earlier.
Redefine Properties ups stake in Fountainhead Property Trust
SA's second-largest property fund listed on the JSE, Redefine Properties increased its stake ownership in Fountainhead Property Trust from 49.6% to 61.9% in return for Hyprop units, the company said on Monday.
Redefine Properties delivers good results across all metrics
Redefine Properties today declared a strong set of results for the year ended 31 August 2013, with distribution of 68.7 cents per linked unit, up 7.3% compared to the previous year.
