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Nepi Rockcastle (JSE: NRP) has seen its share prices dive-bomb following a report by Viceroy Research which alleged the company manipulating its net profits.

Nepi Rockcastle sees R9bn wiped off its value after Viceroy report

Nepi Rockcastle (JSE: NRP) has seen its share prices dive-bomb following a report by Viceroy Research which alleged the company manipulating or inflating its net profit after tax numbers. ... Full story

Laurence Rapp, CEO of Vukile Property Fund, says this has been another significant period for the company, which now holds 50% of its total R32.3bn property assets offshore - 46% in Spain and 4% in the UK.

Offshore expansion benefits Vukile Property Fund

Vukile Property Fund (JSE: VKE) reported on Thursday that its total distributions for the half-year ended September had increased by 7.5% to 78.1 cents, buoyed by its Spanish investment portfolio.

Uncertainty in the economy and the property sector continue to prevail, says Arrowhead Properties CEO Mark Kaplan.

Arrowhead Properties tumbles as times get tough

Arrowhead Properties (JSE: AWA), a diversified South African-focused property fund, on Wednesday reported a 15% decline in its full-year dividend to 74.1 cents per share — as tenants battle with rent.

The company is transitioning from a diversified real estate investment trust into a multi-let industrial property owning company, CEO Paul Arenson said

Stenprop announces progress on transition to a Industrial Property owning Company

Stenprop (JSE: STP) recently announced that it has made further progress with its growth strategy of transitioning into a Industrial Property owning Company

COO Alon Kirkel said the year had been a strong one for the company, which was able to buy numerous assets from larger listed funds.

Gemgrow Properties dividend up

Gemgrow Properties, which focuses on high-yield, high-growth properties, delivered 7% growth in its B-share dividend for the year to September, in line with guidance.

“We successfully completed the acquisition of the managed portfolio in the period, bringing on board an additional R1.12bn of assets, while the new Bryanston store was opened, R1m under budget and the Craighall development got underway,” Lucas said.

Stor-Age's dividend growth outstrips that of JSE property sector

Stor-Age Property, a real-estate investment trust (Reit) offering self-storage space in SA and the UK, raised its interim dividend by 9% to 51.3c.

Dipula Income Fund’s CEO Izak Petersen said the company’s decision not to invest offshore but rather to spend its capital on enhancing its assets at home had paid off in 2018

Dipula's property portfolio increases by 25%

Dipula Income Fund’s CEO and founder Izak Petersen said the real estate investment trust’s dividend payouts, which grew about 4.5% in the year to August 2018, would taper off in the 2019 financial year before gaining momentum again in 2020.

Rebosis, owned by well-known real estate entrepreneur Sisa Ngebulana, suffered from its New Frontier Properties investment, which paid no dividend due the slump in the UK property market blamed on Brexit.

Rebosis shares plunge on poor results

The value of Rebosis's property portfolio, comprising retail, office and industrial space, fell almost 4% to R18.1bn

Redefine CEO Andrew Konig says almost every property sector in the economy is under huge pressure and everyone is feeling the pinch.

Redefine Properties acknowledges tough operating environment

Redefine Properties (JSE: RDF) shrugged off a sluggish economic recovery to increase its full year distribution by 5.5% and to grow its net asset value by 5.9% in the 2018 financial year.

Tsogo Sun, the owners of Southern Sun Cullinan Cape Town, halts sale of casino and hotel businesses to Hospitality Property Fund.

Tsogo Sun ditches R23 billion Casino and Hotel deal

Tsogo Sun [JSE:TSH], the hotel and gaming group has suspended the sale of its casino and hotel businesses to Hospitality Property Fund [JSE:HPB] after failing to secure enough support from shareholders.

We believe this conversion is the best use of our resources right now. However, we aren't at a stage yet where we would go and create a separate residential business, CEO Marc Edwards said.

Tower Property Fund getting to grips with residential money

Tower Property Fund [JSE: TWR] joins other property companies that are selling or re-purposing older A- and B-grade offices and retail centres as residential developments.

Equites CEO Andrea Taverna-Turisan says prime logistics assets had outperformed retail with strong demand being driven by the growth in e-commerce.

Equites Property Fund impresses investors

Equites Property Fund has impressed investors yet again with financial results that showed double-digit dividend growth while its peers have struggled to keep up with inflation.

Equites Property Fund CEO Andrea Taverna-Turisan said the group’s performance reflects the quality of assets in its portfolio,

Industrial focus lifts Equites Property Fund distributions

Equites Property Fund (JSE:EQU) grew its dividend per share 11.7% in the six months to August 2018, thanks to effective growth on its property portfolio over the corresponding period in August 2017.

Head of Zungu Investments, Sandile Zungu.

Emira disposes of 25-office portfolio to BEE consortium

Emira Property Fund has sold 25 office assets to a black economic empowerment (BEE) consortium, led by Zungu Investments for R1.8bn.

Gaming and hospitality group, Sun International plans to exit its investment in Nigeria amid shareholder dispute.

Major SA hotel group to pull out of Nigerian market

JSE-listed Sun International, on Monday said it plans to exit its investment in Nigeria amid shareholder dispute.

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