HOSPITALITY Property Fund (HPF)’s shareholders are likely tomorrow to vote in favour of a new capital structure and a share deal that would see it become the hotel arm of gaming and leisure group Tsogo Sun.
Europen-focused MAS Real Estate has acquired a portfolio of 20 buildings through a sale and leaseback arrangement from major German food retailer Edeka-Miha.
PROPERTY fund Attacq is confident it will achieve stronger capital growth when its major expansion projects including The Mall of Africa and the second phase of Waterfall City, kick into gear.
GROWTHPOINT Properties, the largest South African-based listed property fund, grew its dividend per share a pedestrian 6% in the six months to December last year as the Acucap-Sycom portfolio it bought during the year put a strain on earnings.
OME fund managers are allocating new money to offshorefocused listed property investments only this year because they expect the potential returns of local vehicles to disappoint.
With domestic real estate’s total return tipped ...
