Global Credit Ratings affirmed its initial rating assigned to Delta Property Fund Limited of BBB+(ZA) and A2(ZA) in the long and short term respectively. The outlook was accorded as Stable.

Delta International Property Holdings ("Delta International") (JSE short code: DLI) recently became the JSE's first property fund to offer property investors direct access to immediate high growth opportunities on the African continent. 

Delta Property Fund (Delta) today announced its intention to participate in a private placement to invited investors by Delta International Property Holdings Limited (Delta International).

Rebosis Property Fund is in 'no rush' to decide on a full takeover of the company after a three-way merger collapsed.

Wednesday, 25 June 2014 13:08

Tripartite merger not opportune

Delta and Rebosis Property Fund ("Rebosis")(together"the Funds") today jointly announced the amicable conclusion of merger talks and the settlement of their bid for the linked units and assets of Ascension Properties Limited ("Ascension").

Rebosis Property Fund ("Rebosis") that it has acquired Delta Property Fund's ("Delta") entire holding of linked units in Ascension Properties Limited ("Ascension").

Thursday, 22 May 2014 18:30

Merged property funds would have muscle

Proposed 3-way merger between Rebosis,Delta and Ascension will create the first sizable black-managed property portfolio to rank among the R280bn listed property sector's top 10 companies in terms of size.

Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the JSE market next month.

Delta's full year provisional results outperform market guidance and reveal a year of exceptional growth

Rebosis Property Fund continues the property sector's better than expected earnings streak.

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