Growthpoint Properties Limited this morning announced that it successfully closed its sizeable R2,5 billion equity raise, which opened yesterday afternoon. 

Growthpoint says it is undertaking an equity capital raising of R2.5bn through the issue of new Growthpoint-linked units.

Vukile Property Fund is planning to raise R250m through the issue of new linked units for cash.

Hyprop Investments, a shopping mall owner with clients including Body Shop and Timberland, wants to raise almost R1bn in bonds to reduce its debt-servicing costs.

GoGlobal Properties‚ which listed on the Bermuda Stock Exchange last month‚ said on Monday its secondary listing — on the AltX — would be effective from Monday next week.

A total of just over 17 million A and B linked units were issued for a combined consideration of R14.60, raising gross proceeds of R250 million.

JSE-listed property company Dipula Income Fund today announced the results of its significantly oversubscribed private placement of R650 million in new capital for the fund.

JSE-listed industrial minerals exploration and development company Sephaku Holdings associate company concludes a R1.95-billion funding deal with Standard Bank and Nedbank.

Following the recent announcement by the Investec Property Fund (“IPF”) of new acquisitions totaling R1.9 billion and the intention to finance these acquisitions through the issue of new IPF units, the recent declaration announcement confirms IPF’s plans to take advantage of the strong equity markets and demand for its share with a R1.5 billion rights offer