Growthpoint Properties Limited (JSE: GRT) delivered 5.4% growth in revenue and R5.5bn in distributable income for its full-year to 30 June 2020.
UK-based Capital & Regional says it has agreed to sell The Mall shopping centre in Camberley for GBP86.0m in cash.
Capital & Regional, the UK shopping centre owner, achieved a 228% increase in its total dividend declared for last year.
Tradehold steamed ahead to end October firmly in the black – extending an impressive run for the year, barring a few exceptions when it softened.
Investors looking for exposure to UK real estate have two more options to choose from after the listing of Redefine International spin-off International Hotel Group and mall owner Capital & Regional.
Capital & Regional appoints Laura Whyte as its non-executive director to take effect from December 1.
Investors must be circumspect when it comes to investing in new off shore property companies that are listing on the JSE.
Capital & Regional is granted permission to take up a secondary listing on the JSE, exposing South African investors to a property portfolio worth about GBP1bn or R21bn.
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