JSE-listed Lodestone Reit, which is part of the Resilient Property Income Fund stable of companies, announced on Tuesday it had acquired Yarona Shopping Centre from Delta Property Fund for R80 million.
AFTER a drawn-out process, black-owned real estate investment trust (Reit) Rebosis Property Fund has finally secured Ascension Properties as a subsidiary, enabling it to expand its office portfolio.
WHILE most large listed property funds have seen their strong share price runs of the past few years come to halt this year as investors sold bonds in anticipation of future interest rate hikes, a few smaller funds with specialised assets may still off...
THE FTSE/JSE South African listed property index (Sapy) has lost 9.48% of its value since the beginning of March, mainly because of the sell-off in bonds this year, given investors’ belief that the US will raise interest rates for the first time...
