Companies
Redefine Properties ups stake in Fountainhead Property Trust
SA's second-largest property fund listed on the JSE, Redefine Properties increased its stake ownership in Fountainhead Property Trust from 49.6% to 61.9% in return for Hyprop units, the company said on Monday. ... Full story
Redefine Properties delivers good results across all metrics
Redefine Properties today declared a strong set of results for the year ended 31 August 2013, with distribution of 68.7 cents per linked unit, up 7.3% compared to the previous year.
Redefine-Fountainhead deal completion faces delay
Plans by South Africa's second largest property fund, Redefine Properties to put Fountainhead Property Trust's R11,1 billion portfolio under its control faces some delay in its endeavours.
Nomzamo Radebe takes reins at JHI Properties
Building a nation of empowered women and a sign of promoting gender equality, JHI Properties today named a chartered accountant, Nomzamo Radebe to replace Johann Boshoff as the new Managing Director with effect from January 2014.
Attacq makes its debut on the JSE
Attacq Limited, formerly known as Atterbury Investment Holdings today listed on the Johannesburg Stock Exchange (JSE), using the code "ATT", after a successful R800 million private placement.
Attacq Limited lifts full-year profit
Attacq Limited, previously Atterbury Investment Holdings, on Monday reported annual profit grown to R728.8 million for the year ended June 30 compared with a profit of R559 million the previous year.
Attacq to double stake in MAS Real Estate
The net asset value of MAS Real Estate’s property interests is set to exceed R1.3bn (EUR100m)‚ thanks to its acquisition of Attacq’s interest in its two Karoo investment funds.
Redefine to increase Fountainhead stake by offering Hyprop shares
South Africa’s second-biggest property company, Redefine Properties today announced plans to acquire an additional 250 million participatory units in Fountainhead Property Trust.
Attacq all set to list on JSE with R12.5 billion portfolio
Attacq Limited, formerly called Atterbury Investment Holdings, on Thursday announced plans to list its R12.5 billion property portfolio on the JSE in October following a private placement that aims to raise R800 million.
Knight Frank explores South African partnership
Global real estate company founded in 1896 and headquartered in London, Knight Frank has joined forces with South African commercial property service firm, Galetti – and local residential sector company, Anne Porter.
Fountainhead Property Trust given Reit status
Fountainhead Property Trust (FPT) said on August 2 that Fountainhead’s application for Real Estate Investment Trust (Reit) status has been approved by the JSE.
Growthpoint Properties converts to REIT capital structure
Growthpoint Properties Limited has become the first SA REIT to introduce a new capital structure, converting from complex linked units to the straight forward ordinary share structure.
Arrowhead Properties gets REIT status
Arrowhead Properties, which listed on JSE in December 2011, announced on Wednesday it had received Real Estate Investment Trust (“Reit”) status approval by the JSE Limited.
Nedbank Corporate Property Finance earns top spot in PwC Banking Survey 2013
Nedbank Corporate Property Finance has been voted the best Property Finance bank in the 2013 PricewaterhouseCoopers (PwC) South African Banking Survey.
Emira granted REIT status by JSE
Emira Property Fund has been granted REIT (Real Estate Investment Trust) status by the Johannesburg Stock Exchange (JSE) effective from today.