Fortress announces firm intention to acquire all the listed shares of Capital Property Fund, in the biggest transaction of the year in the sector.
Fortress is expected this week to make a firm offer to Capital Property Fund’s shareholders to take over the fund after expressing an interest in a takeover since May.
Willy Ross was appointed as an Independent Non-Executive Director at Hospitality Property Fund in April 2007.
Jorge da Costa is an Independent Non-Executive Director and Chairman of the Investment Committee at Delta Fund Properties.
Iraj Abedian is an Independent Non-Executive Director of Capital Property Fund and Chief Executive Officer of Pan African Advisory Services.
Diversified property group Capital Property Fund report double-digit growth in distributions for the year to December
Listed property share prices rally about 5% over the past two weeks, on better than expected results reported by real estate counters this month.
Capital Property Fund's strategy to increase its exposure to rand hedge sister companies New Europe Property Investments and Rockcastle Global Real Estate Company continues to pay off.
Capital Property Fund revamps Fourways Office Park and buildings in Fourways Golf Park.
Capital Property fleshes out restructuring plans that aim to position it as a corporate real estate investment trust.

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