Companies
Fairvest increases distribution on solid letting and cost containment
Fairvest grows distribution 10.29% for the year to June on strong letting and careful cost management. ... Full story
Shopping Mall Investor reaps reward of portfolio growth
Shopping centre specialist, Hyprop Investments (JSE:HYP) posted double-digit distribution growth for the year to June on the back of consumer spending that supported its property portfolio in the retail sector.
Offshore Investments ups Growthpoint's distribution growth
GROWTHPOINT Properties' (JSE:GRT) exposure to rand hedge sister company, Growthpoint Properties Australia (GOZ) continues to pay off, as the fund recorded distribution growth of 6% for its full year to June 2016.
![Shareholders in Pivotal headed by CEO Jackie van Niekerk [RIGHT] will get 460 million new Redefine Properties shares plus 31 million shares in Echo Polska Properties (EPP), according to CEO Andrew Konig (LEFT).](http://www.sacommercialpropnews.co.za/thumbnail.php?file=businesspeople/Andrew_Konig_and_Jackie_van_Niekerk_713716026.jpg&size=summary_medium)
Redefine Properties strikes in ‘friendly’ bid for rest of The Pivotal Fund
REDEFINE Properties (JSE: RDF) confirmed Tuesday that it will buy The Pivotal Fund (JSE: PIV) in a share swap deal valued at about 6 billion rand ($425 million).
Liberty Holdings gears to list property assets as a REIT on JSE
Life insurer, Liberty Holdings Ltd (JSE:LBH), which co-owns the vibrant Sandton City with Pareto Limited, says it plans to list part of its property assets on the JSE as a Real Estate Investment Trust (REIT) by end of this year.
City Lodge has high hopes for poll shake-up
City Lodge Hotels is optimistic the outcome of municipal elections will put pressure on the ruling parties to boost economic activity, which may improve sentiment for the business traveller.
Southern Sun, Hospitality Property Fund given merger green light
The Competition Tribunal approved the merger between Southern Sun Hotels and JSE-listed Hospitality Property Fund (HPF).
Hospitality Property Fund sees good growth
Hotel-focused real estate company, Hospitality Property Fund, has started to turn the corner. The company saw its B shares rise about 11% on Monday, after it announced that it expected its distributions to have grown steadily in the six months to June.
Emira may get more offers as Arrowhead is spurned
Emira Property Fund, which could be taken over by Arrowhead Properties, may receive offers from other suitors.
Diversity turns out to be a bonus for SA Corporate Real Estate Fund
THE decision to dispose non-core assets and diversify property investments by SA Corporate Real Estate Fund seems to be paying off.
Emira turns down Arrowhead’s proposal
Emira Property Fund has rejected Arrowhead Properties’ expression of interest to acquire all of its issued share capital on the basis that it has no benefit to its shareholders.
Arrowhead Properties + Emira Property Fund = Opportunity
JSE-listed Arrowhead Properties, has hit the headlines today after revealing a bid to buy diversified real estate investment trust (REIT), Emira Property Fund in an all-share deal.
Attacq and Sanlam join forces for Waterfall development
Attacq and Sanlam Properties create a joint venture for further light industrial commercial and retail development in Waterfall.
Fourways Mall development spurs Accelerate Property's growth
Accelerate Property Fund grows its portfolio 24% year on year to March to R8.4bn, owing to strong investment activity.
GladAfrica Group signs major partnership deal with SAPOA
Engineering consulting company, GladAfrica and South African Property Owners Association (SAPOA), have signed a landmark three-year platinum partnership agreement.
