JSE specialist shopping centre REIT, Hyprop, today announced the sale of Manda Hill Shopping Centre located in Lusaka, Zambia.

Dipula Income Fund, a diversified, South-African focused and Black-managed REIT, today announced a non-binding offer to acquire 100% of the shares in SA Corporate Real Estate Limited through a merger of the two companies.

JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy communicated to the market in March this year, where it stated its intention to reduce its exposure to sub-Saharan Africa excluding South Africa to focus its attention and capital on its South African and Eastern European businesses. 

Tuesday, 25 June 2019 16:14

Equites Property Fund to list on A2X

Equites Property Fund Limited has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 1 July 2019.

NEPI Rockcastle has been approved for a secondary listing on A2X Markerts and its shares will be available for trade on A2X from Tuesday, 18 June 2019.

Investec Australia Property Fund has listed on the Australian Securities Exchange (ASX) following its recent successful capital raising.

The PwC investigation commissioned in November last year by the Special Subcommittee of the board of directors of Fortress REIT Ltd (JSE: FFA and FFB), has found no conclusive evidence to confirm any of the allegations made against the Company or its Management in respect of market manipulation or insider trading and in respect of undue related party benefits or wrongdoing in historic property transactions.

JSE diversified REIT, Dipula Income Fund (Dipula), today announced steady interim results for the six months to February 2019.

EPP, Poland’s largest owner of shopping malls and its partner Echo Investment, the largest Polish real estate developer, received an award yesterday for their upcoming development in Warsaw, Poland.

“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi

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