NEW YORK - Super tall, super skinny and super expensive: a new generation of New York skyscrapers, some taller than the Empire State building, are altering the world's most famous skyline.
And it's not just the masonry that's soaring to ...
The JSE’s largest real estate investment trust (Reit)‚ Intu Properties‚ recorded 6% growth in earnings a share over the first six months of this year‚ pleasing the market.
Capital & Counties Properties (Capco‚ CCO) on Wednesday reported underlying earnings of £4.2m in the six months to June‚ down from £7.8m a year ago.
The owner of London’s trendy eat‚ shop and play preci...
A TRADING update from construction company Group Five and interim results from aluminium fabricator Hulamin yesterday provided more evidence of the troubled state of the economy, write Mark Allix and Fifi Peters.
SOUTH Africa’s onerous new visa regulations have wreaked havoc on the tourism industry, ending an extended period of buoyant growth that had generated jobs and spurred the sluggish economy, according to a slew of repo...
SOUTH Africa’s onerous new visa regulations have wreaked havoc on the tourism industry, ending an extended period of buoyant growth that had generated jobs and spurred the sluggish economy, according to a slew of repo...
Fountainhead Property Trust (FPT) unitholders on Friday approved the takeover of the group by Redefine (RDF)‚ SA’s second-largest real estate investment trust.
Redefine said the deal received overwhelming approval by Founta...
MANAGEMENT at the Nelson Mandela Bay Stadium is in discussions with the Mandela Bay Development Agency (MBDA) to redevelop some aspects of the North End Lake precinct as a stepping stone to greater economic activity in that part of the city.
Fortress Income Fund (FFA‚ FFB) on Wednesday said it expected its combined dividend for the full year (FY) ended June 30 2015 to rise by between 19% and 21%.
“The dividend per Fortress B ordinary share for the six months end...
ALTHOUGH high office vacancies continue to plague the listed property sector, with weak economic conditions creating sluggish demand, there has been some respite in the second quarter of this year.
With an ever-growing pool of rand-hedge property counters to choose from, JSE investors are bound to become increasingly picky in their stock selection.
One offshore real estate play that may start to appear more regularly on fund man...
THE best-performing property stock of last year, Fortress Income Fund, yesterday announced its firm intention to acquire all the listed shares of Capital Property Fund, in the biggest transaction of the year in the sector.
Texton Property Fund, formerly Vunani Property Investment Fund, said on Wednesday Lyndon Kan had resigned as chief operating officer of Texton to pursue private business opportunities.
"The appointment of a replacement director will be ...
FORTRESS Income Fund is expected this week to make a firm offer to Capital Property Fund’s shareholders to take over the fund after expressing an interest in a takeover since May.
This would be the biggest property transaction o...
Property group Octodec announced on Tuesday it planned to raise about R300 million through the issue of new shares that would be completed as part of a vendor consideration placing.
The group said the equity raise would be implemented t...
More investors are likely to place Accelerate Property Fund on their buying lists after the company finally acquired the rights to add another 90000m² to Fourways Mall.
The deal is worth R730m and will take the fund’s flagsh...
HYBRID property developer and construction company Calgro M3, now bigger than Aveng, continues to shine in an industry few investors are willing to bet their money on.
This week, the developer of integrated residential housing, which ...
ALONG with several other South African property companies, Western Cape-based Tower Property Fund is branching out overseas, but analysts warn that these markets come with their own challenges.
PROPERTY fundamentals in SA remain challenging, but strong capital markets and lower yields for longer will be supportive of listed real-estate performance.
In the short term, the listed property sector’s returns are expected t...
