Companies
Stor-Age diversifies into UK market with R1.3 billion acquisition
Stor-Age Property REIT [JSE: SSS] has diversified its portfolio entering the UK self storage market — with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King. ... Full story
SA's Retail Sector is in trouble but Mall Owner managed to eke out growth
Although South Africa’s economic strife has dimmed prospects for a long-term revival in consumer spending, shopping centre owner, Hyprop Investments (JSE: HYP) is still managing to eke out growth.
Safari raises funds in share sale in bid to cut debt
Safari Investments has privately placed 119,552,633 shares at R7.60 each through a combination of a specific and general issue raising R908,600,0011 in new equity, as it looks to reduce its overall debt level and to double in size in the next three years.
Growthpoint pursues Healthcare Properties, boosts offshore exposure
Growthpoint Properties (JSE: GRT), is exploring new avenues of growth in keeping with the changing business landscape, while expanding its portfolio of core businesses domestically and internationally.
Liberty vehicle looks to eateries
New restaurant tenants form the thrust of its strategy in weak economic environment, says CEO Amelia Beattie
Liberty posts distribution of 30c per share in its maiden results
Real estate investment trust (Riet) Liberty Two Degrees (L2D) on Monday declared a distribution of 30c per share in the six months to end-June.
Heriot REIT Limited lists on AltX to raise cash for expansion
Heriot REIT Limited (JSE:HET) listed in the Real Estate sector on the JSE’s AltX board as a Real Estate Investment Trust on Monday.
Hyprop grows its Eastern Europe footprint but faces pressure back home
Hyprop Investments (JSE:HYP), the owner of blue chip malls such as Johannesburg’s Rosebank Mall, Hyde Park Corner and Canal Walk in Cape Town, is actively expanding its Eastern European property business.
Executives show faith in Accelerate Property Fund
Accelerate Property Fund’s executives are backing themselves to turn the Fourways precinct-focused group around.
![Atlantic Leaf Properties has grown its assets under management, from £270m at the end of May 2016 to £303m at the end of May 2017. [ FILE PHOTO]](http://www.sacommercialpropnews.co.za/thumbnail.php?file=articles/Growthpoint_Industrial_Estate__Meadowdale_922601318.jpg&size=summary_medium)
Growing portfolio pays off for Atlantic Leaf Properties
The injection of a substantial property portfolio into JSE-listed Atlantic Leaf Properties the past years is paying off.
Strength in German economy gives Sirius Real Estate a boost
Exposure to the German economy has helped JSE-listed Sirius Real Estate outperform, according to the company CEO Andrew Coombs.
Mara Delta considers new name, aspires to list in London
Headquartered in Mauritius, the largest pan-African property fund Mara Delta, has rebranded and will be known as Grit Real Estate Income Group Limited, the company announced on Monday.
Vukile spends R2.8 billion in Spanish Property Deal
Investment group, Vukile Property Fund has bought a portfolio of nine high-quality, newly-built retail parks across Spain, in a deal said to be worth nearly R3bn.
Redefine Properties responds to Transformation calls
Redefine Properties, SA's second-largest real estate investment trust, has sold its 22.8% stake in Delta Properties to a women-led empowerment consortium in a R1.45bn vendor-funded transaction.
Indluplace, Buffet Group in R1.4 billion Property deal
Residential focused REIT, Indluplace and Buffet Group have jointly acquired a R1.4 billion portfolio of 2,914 residential units with 3,400m² retail space spread mainly across Gauteng and KwaZulu-Natal.
