The listed property loan stock company reported a distribution of 41,5c a linked unit.

Following the recent publication of its maiden interim results, the upward re-rating of  property loan stock company Vukile's (VKE) units has had a positive impact on its offer for MICC, the company said.

There seems little chance of either the Vukile Property Fund or ApexHi Properties succeeding in their takeover bids for full control of the MICC Property Income Fund.

Listed property loan stock company says its offer for all the linked units of rival MICC Property Income Fund still stands

Listed property loan stock company Vukile Property Fund, which is in the middle of a bidding war with industry rival ApexHi, yesterday increased its offer for all the units of MICC Property Income Fund.

ApexHi Properties is up in arms over response from the MICC board to its takeover bid for MICC Property Income Fund's property portfolio.

Vukile Property Fund Limited listed on the Financial - Real Estate sector of the JSE Stock Exchange on Thursday, after completing the privateplacement of 13,800,000 linked units at an issue price of 5.00 rand each.

The international division of construction and management consultants Turner & Townsend has won the group's Queen's Award for Enterprise. This recognises exceptional high standards of service in every country in which T&T operates.

The new South African Property Owners' Association (Sapoa) executive committee, which was elected at the annual convention at Sun City, is made up of the following members:

The SA Property Owners' Association (Sapoa) is demolishing industry stereotypes and installing its first woman vice-president.