The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg, Ekurhuleni, by the mall’s co-owners, Vukile Property Fund and Redefine Properties, will soon be complete.

JSE-listed diversified real estate investment trust Redefine Properties’ (JSE: RDF) strategy on solar energy is delivering cost efficiencies across the business and improving performance on key sustainability metrics.

South African consumers took to the shopping centres around the country to maximise on the Black Friday deals on offer hosted by retailers representing all categories from toys to electronics.

Listed diversified real estate investment trust Redefine Properties (JSE: RDF) has appointed Nashil Chotoki as the National Asset Manager for Retail.

Vukile Property Fund today reported 7.1% growth in dividends per share for the year to 31 March 2017, comfortably delivering on its market guidance and again advancing its track record of unbroken growth in dividends since listing in 2004.

Vukile is turning its attention to an offshore expansion, says company.

Vukile says it has restructured itself with the aim of significantly increasing returns from 2015.

Vukile Property Fund today reported a 26.7% increase in the profit available for distribution for the full year to 31 March 2013 to R556.4 million

Monday, 26 November 2012 08:23

Vukile to Acquire 50% of East Rand Mall

Vukile Property Fund announced it is to acquire a 50% share in the East Rand Mall in Gauteng for a consideration of R1.115 billion

Property loan stock company Vukile Property Fund is planning to acquire a 50% share in the East Rand Mall in Gauteng for R1.115bn, in line with its strategy of aggressively growing its portfolio with a special emphasis on the retail sector.

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