Thursday, 17 September 2009 02:00

Redefine aboard top global index

Redefine Income Fund ,one of SA’s largest listed property companies, will from Monday appear on the Global Property Research 250 index joining nine other South African companies on the list.

Ambit Properties will delist from the JSE today after its approved bid to merge with listed property loan stock company ApexHi Properties by the Competition Commission.

Wednesday, 17 June 2009 02:00

ApexHi’s bid for Ambit shares approved

The Competition Commission has approved a bid by ApexHi Properties to buy the shares it did not already own in Ambit Properties.

Thursday, 07 May 2009 02:00

Ambit Properties interim earnings up

Ambit Properties reported that its headline earnings per linked unit for the six months ended March were up by 20.19c, up from the 13.11c reported the for the previous period.

Wednesday, 04 February 2009 02:00

ApexHi distributions up 11%

The total combined distribution for the six months to end December 2008 to 178,50 cents (2007: 161 cents), which reflects growth of 11% for the combined units

Thursday, 13 November 2008 02:00

ApexHi hopes stake will pave way for takeover

In it's first major acquisition in 15 months, listed property loan stock company ApexHi Properties has bought a 34,85% interest in Ambit Properties for R597,9m.

Monday, 22 October 2007 02:00

Ambit set to acquire Abseq in R1,03bn deal

Listed property loan stock company Ambit Properties has announced it will acquire Abseq Properties, which owns one of the “premier office portfolios in Johannesburg’s northern suburbs”, in a transaction valued at R1,036bn.

ABSA Bank has acquired full control of the management company of listed property company Ambit Properties for an undisclosed amount

Listed property loan stock company Ambit Properties on Thursday reported distribution growth of 6,9% to 14c a unit for the six months to March, compared with the same period last year.

Thursday, 13 October 2005 02:00

Rise in JSE property listings

The South African listed property sector is arguably the fastest-growing sector on the JSE, with about six new property funds having listed on the main board of the exchange in the past two years.

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