Grindrod Asset Management News

ALISTAIR ANDERSON

THE development of distribution centres in SA has gained momentum in the past two years, but demand is yet to match the growing supply.

Certain property funds including Equites Property Fund, Fortre...

By Alistair Anderson

The takeover of hotel-focused property fund Hospitality by Southern Sun Hotels has been approved by SA’s competition authorities‚ with conditions.

The commission’s concern is that S...

HUNGARY and Slovenia could be the next eastern European markets South African property funds try their hand at.

South African funds are already active in Poland, the Czech Republic, Slovakia, Austria, Serbia, Montenegro and Romania. Mo...

UK-based property fund Redefine International grew its dividend per share 1.6% in the six months to February, in line with targets. The company was on course to deliver strong income payouts, CEO Mike Watters said on Tuesday.

The comp...

By Mark Allix

New Europe Property Investments (Nepi) has finalised its buyout of the Forum Ústí nad Labem shopping centre in the Czech Republic for €83m, from existing cash resources.

This latest acquisition fu...