Buoyed by impressive prospects in some parts of Africa, where demand outstrips supply of quality stock, JSE-listed Pivotal Property Fund is pushing ahead with its expansion into the hinterland.

The Pivotal Fund, a real estate investment firm valued at more than R6bn in market cap, marks its first anniversary as a JSE-listed entity today.

Delta Africa and Pivotal join forces to create Property Powerhouse on the African continent.

The Pivotal Fund, a development focused Investment Fund, is pleased to announce that it has purchased a 45% share in S&J Industrial, a 160 hectare (1.6 million m²) prime industrial parcel of land located in Germiston, Johannesburg.

Pivotal Fund says it plans to raise R500m through the issue of new ordinary shares.

JSE listed property investment and development company, Pivotal Property Fund and Abland Proprietary Limited, broke ground on their Loftus Park development.

A new shopping centre development in Kyalami‚ north of Johannesburg‚ is under fire from local business owners.

Pivotal Property Fund reported outstanding net asset value growth in its first year as a JSE-listed company.

Thursday, 05 February 2015 07:40

Jackie van Niekerk

Jackie studied BCom Accounting at the University of Pretoria and has ten years of property experience.

Published in Property Leader
Monday, 08 December 2014 12:18

Pivotal Fund lists on the JSE

The Pivotal Fund Limited, today listed on the Main Board of the JSE, under the Real Estate - Real Estate Holdings and Development sector.

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