SA property brand Primegro is to be reborn and listed as a property loan stock company on the JSE in the second quarter of this year.
The listed property sector is developing black-owned enterprises to meet its black economic empowerment (BEE) requirements.
The Public Investment Corporation’s (PIC’s) intention to increase its property exposure will probably underpin property values in SA even in the event of a further increase in interest rates, says Angelique de Rauville, MD of Investec Listed Property Investments
Following Competition Tribunal approval of the take over this week, the empowerment deal will see CBS delist from the Johannesburg Stock Exchange and the formation of a new board
Listed property company could benefit from longer-term returns in the retail sector if the Public Investment Corporation's proposed R2,3bn bid goes ahead
A bid by Redefine Income Fund to acquire CBS has been the source of market speculation for some time
CBS Property Portfolio has completed a remarkably successful maiden year as a JSE-listed property loan stock investment and holding company.
CBS Property Portfolio, which is enjoying a growth phase after listing on the JSE last November, has appointed well-known property player Richard Harman as an executive director.
CBS Property Portfolio will embark on a strategic development alliance with Zenprop Property Holdings
CBS Property Portfolio has acquired seven prime properties for a total of 122 million rand, including the unique Simons Town Boardwalk Centre
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