Niched lower LSM retail property Real Estate Investment Trust ("REIT") Fairvest Property Holdings Limited ("Fairvest"), today announced a total distribution for the financial year to 30 June 2014 of 13.72 cents per linked unit.
JSE-listed Fairvest Property Holdings today reported results for the six months to 31 December 2013, achieving a distribution of 6.75 cents per linked unit.
MADISON Leasing has signed up over 55000m² of new commercial property leases in the past six months and boosted the rental income of its property loan stock company clients, ApexHi Properties and Redefine Income Fund.
Madison Leasing has signed up over 55000m2 of new commercial property leases in the past six months and boosted the rental income of its property loan stock company clients
A R60 million superior-grade office and retail building which integrates interior and exterior environments is being developed by Madison Property Fund Managers in Century City
The Supreme Court on Friday 17th November sanctioned the Redefine Income Fund / Spearhead Property Holdings merger for which an overwhelming majority of the shareholders in both groups had already given their approval. The merger is therefore now a fait accompli and Spearhead will delist from the JSE within the next week.
Listed property loan stock company Spearhead Property Holdings said yesterday that the first phase of its R200m Sable Square “outlet retail” fashion village was set to open at the end of the month near mixed-use precinct Century City in Cape Town.
Spearhead Properties’ leasing team is operating at full throttle and is probably more active now than it has ever been in the six years since the company listed, said Darren Wilder, Chief Operations Executive recently.
A Public User Survey conducted amongst the business community, employees, shoppers, residents and tourists in the Sea Point area has revealed that the implementation of a City Improvement District (CID) would make a significant impact on Sea Point's residential and working environment.

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