Companies
Gbcsa names first black woman to head its green movement
After years of working in the sustainability sector, Dorah Modise is making history as the first black woman to head the Green Building Council of SA (Gbcsa) — as the new Chief Executive Officer (CEO). ... Full story
Spear Properties braves tough market to list
A new property investment vehicle focusing exclusively on the Western Cape, Spear Properties, is to debut on the listed property sector of the JSE securities exchange next month.
Rebosis Property Fund gets nod for R5 billion acquisition
Rebosis Property Fund announced that its decision to acquire two regional retail centres as well as the acquisition of Billion Group (Pty) Limited manco, valued at R5bn has been approved by the majority of the firm's shareholders.
Consortium to roll out multi-million rand housing projects
A consortium of developers, Calgro M3 and SA Corporate Real Estate Fund agreed to create a housing joint venture that may be listed in future.
Stor-Age Property REIT to acquire Competition
Stor-Age Property Reit announced last week that its had acquired a smaller competitor, Storage RSA Investments, as the JSE-listed group seeks to expand and consolidate its position in the self-storage industry.
Tsogo Sun shuffles Hospitality Property Fund’s top Management
SA’s largest hotel and casino operator, Tsogo Sun Holdings said on Tuesday last week that it had shuffled Hospitality Property Fund's senior management‚ following its takeover.
Echo Polska Properties successfully lists on JSE
Echo Polska Properties N.V. (EPP) on Tuesday listed on the JSE's main board, bringing to the market a R19.5 billion (EUR 1.2 billion) property portfolio consisting commercial office and retail assets across Poland.
Fairvest increases distribution on solid letting and cost containment
Fairvest grows distribution 10.29% for the year to June on strong letting and careful cost management.
Shopping Mall Investor reaps reward of portfolio growth
Shopping centre specialist, Hyprop Investments (JSE:HYP) posted double-digit distribution growth for the year to June on the back of consumer spending that supported its property portfolio in the retail sector.
Offshore Investments ups Growthpoint's distribution growth
GROWTHPOINT Properties' (JSE:GRT) exposure to rand hedge sister company, Growthpoint Properties Australia (GOZ) continues to pay off, as the fund recorded distribution growth of 6% for its full year to June 2016.
Redefine Properties strikes in ‘friendly’ bid for rest of The Pivotal Fund
REDEFINE Properties (JSE: RDF) confirmed Tuesday that it will buy The Pivotal Fund (JSE: PIV) in a share swap deal valued at about 6 billion rand ($425 million).
Liberty Holdings gears to list property assets as a REIT on JSE
Life insurer, Liberty Holdings Ltd (JSE:LBH), which co-owns the vibrant Sandton City with Pareto Limited, says it plans to list part of its property assets on the JSE as a Real Estate Investment Trust (REIT) by end of this year.
City Lodge has high hopes for poll shake-up
City Lodge Hotels is optimistic the outcome of municipal elections will put pressure on the ruling parties to boost economic activity, which may improve sentiment for the business traveller.
Southern Sun, Hospitality Property Fund given merger green light
The Competition Tribunal approved the merger between Southern Sun Hotels and JSE-listed Hospitality Property Fund (HPF).
Hospitality Property Fund sees good growth
Hotel-focused real estate company, Hospitality Property Fund, has started to turn the corner. The company saw its B shares rise about 11% on Monday, after it announced that it expected its distributions to have grown steadily in the six months to June.