Redefine International (RPL)‚ the UK-based offshoot of the JSE’s third-largest property group by market capitalisation‚ advised shareholders its chief financial officer Andrew Rowell has tendered his resignation “to take up a s...
Intu Properties plc (ITU) has entered into a deal that will see it acquire Puerto Venecia shopping centre and retail park in Zaragoza‚ Spain for €451m‚ it announced on Wednesday.
Property group‚ Redefine International (RPL) has acquired the remaining 50% interest in Ciref Nepi Holdings from its joint venture partner‚ New Europe Property‚ for €3.4m.
Delta International Property (DLI) widened its loss in the September quarter‚ mainly as a result of foreign exchanged losses on its dollar-denominated debt.
The AltX listed group‚ with a primary listing in Bermuda recorded a ...
The conditions to sell portions of Sun International’s (SUI) Botswana‚ Lesotho and Zambian operations have been fulfilled‚ but certain regulatory conditions in Namibia still need to be met and the Swa...
German property player Sirius Real Estate (SRE) has completed the acquisition of two multi-let business parks in Mahlsdorf and Potsdam‚ for Eur48.9m‚ taking to the number of business parks it has in the Berl...
REDEFINE Properties is making a foray into high-rise apartments next year and has chosen the growing cosmopolitan area of Rosebank in Johannesburg as its launch pad.
Demand for residential properties is expected to shift many property...
TWO years ago international shoe distributor PhindiK was a success story — but now the South African couple behind the venture have “lost everythingâ€.
THE City of Johannesburg is taking transparent governance to a whole new level with the construction of a R130-million glass-facaded building that will include the council chamber.
The new building is to go up on the council precinct ...
DEPUTY mayor Chippa Ngcolomba is strongly opposed to the Nelson Mandela Bay Municipality’s decision to go to court to force business owners Phillip and Yvette Georgiou to demolish parts of their luxury g...
Western Europe-focused MAS Real Estate will list on Thursday on the JSE as it looks to become a more liquid rand hedge counter for South African investors.
Western Europe-focused MAS Real Estate will list on Thursday on the JSE as it looks to become a more liquid rand hedge counter for South African investors.
The listing of MAS Real Estate (MAS) will be moved on December 18 from the AltX to the property section of the JSE’s main board following the substantial expansion of its operations in 2014‚ the company said in a statement on Wednesday.
TEXTON Property Fund seems set for the kind of portfolio growth its investors have craved since it was formed out of Vunani Property Investment Fund in February. Texton wants to grow its asset base from about R3bn to R6bnR8bn within the next three year...
THE bartender says “it’s crazyâ€, as he puts the garnishing on the Manhattan he has just made for me. “These days, Instagram always gets the first taste.†I chuckle, adjusting my iPhone to get the perfect balance of light ...
THE transformation of the listed property sector has slowed over the past few years, with only a handful of black professionals heading funds and not enough working in the sector, many in the industry complain.
PROPERTY group Acsion’s listing on the JSE’s AltX yesterday was a success, management said, though the shares were tightly held and the listing was not a private placing.
Financial director Pieter Scholtz said shares in ...
INVESTORS found the price of The Pivotal Fund expensive yesterday when it listed on the JSE, though analysts say it should provide market competitive returns in the future.
Before listing, the fund raised R1bn through an oversubscribed...
Total income for SA’s tourist accommodation industry (which includes restaurant‚ bar sales and “other†income) rose by 8% year on year (y/y) in nominal terms (current prices) in October‚ Statistics SA’s tourist acc...
Property investment and development capital growth fund‚ The Pivotal Fund (PIV)‚ listed on the JSE’s main board on Monday. Its assets include some of Sandton’s highest quality offices.
CALGRO M3, a builder specialising in Reconstruction and Development Programme (RDP) housing on Friday announced it had begun its South Hills and Belhar Projects to add another boost to the group’s revenue.
HONG KONG - Dalian Wanda Commercial Properties Co., controlled by Chinese billionaire Wang Jianlin, plans to raise up to $3.8 billion in what would be Hong Kong's biggest listing this year, financial media reported on Monday.
Sirius Real Estate’s listing on the JSE AltX on Friday was well supported, with 1.2-million of its shares trading in R7.3m worth of deals on its first day.
THE share price of Investec Australia Property Fund has rallied 6% over the past six weeks as the rand hedge property stock continues to deliver on its growth promises.
Management announced yesterday the acquisition of another two prop...
PROPERTY developer Acsion is to go ahead with its listing on the JSE on Tuesday, but it will only be an introduction of the company’s shares and not a private placing.
The unusual move, Acsion said on Wednesday, was made even th...
