Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies,  outside of South Africa, continued on its strong growth trajectory, reporting solid financial results for the year ended 30 June 2018.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties’ (JSE: RDF) welcomed shoppers to the new revamped Benmore Centre, Sandton’s popular neighbourhood shopping destination when it officially opened during end August. Redefine had started work on the ZAR252 million refurbishment programme during late 2016 and was completed on schedule.

JSE specialist shopping centre REIT, Hyprop, continued delivering strong growth in a tough economy with a total dividend per share of 756,5 cents for the year to June 2018, which was 8,8% higher than last year.

Wednesday, 25 July 2018 12:01

Changes to the board

Further to the announcement on 15 December 2017, in which Greg Clarke advised of his intention to step down as Chairman of the Board, RDI, the FTSE 250 income-focused UK-REIT, is pleased to confirm the appointment of Gavin Tipper as the Company’s new Chairman, with effect from 24 July 2018.

In a groundbreaking move, Growthpoint Properties has successfully taken a sizeable South African commercial building completely off the municipal water grid.

Growthpoint Properties (Share Code: GRT) shares began trading onA2X today as it became the first property company and tenth counter to join the exchange with its secondary listing.

Mauritius Grit, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, announced today that it will officially seek approval from the UK Listing Authority to proceed with its listing on the main market of the London Stock Exchange (LSE).

JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties remains firmly focused on delivering customised solutions in the industrial property sector despite constrained economic conditions.

The global sell-off of in emerging markets, an intractably weak domestic economy, an oversupply of business space, and a focus on the quality of earnings are all set to be major drivers of the SA REIT sector in the second half of 2018.

Growthpoint Properties has renewed four leases with Scania, extending its relationship with the global company that offers sales of trucks, buses, and services in more than 100 countries.

Page 15 of 133

Most Popular

Growthpoint begins construction of the Kent residential apartments in KZN

Aug 26, 2021
Marius Els, Development Project Manager at Growthpoint Properties
Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first…

On Auction: Iconic Redevelopment Opportunity in Oranjezicht Cape Town

Aug 26, 2021
The_Lenox
Currently operating as a 43 room guesthouse / backpackers.

On Auction: Retail & Offices Property with unutilised bulk in Rivonia Johannesburg

Aug 26, 2021
KTM_Building
The anchor tenant is Road Adventure Dirt (Pty) Ltd (RAD) which is the premier KTM…

On Auction: Spacious offices with multiple amenities in Norwood

Aug 26, 2021
Default Image
Spacious offices with multiple amenities on Auction in Norwood.

On Auction: Commercial Historical Building in Cape Town

Aug 25, 2021
Cape Town Commercial Property for Sale - 3 Church Street
436sqm Commercial building comprising of retail and office space.

Please publish modules in offcanvas position.