Vukile increases its strategic stake in Synergy, and will offer to acquire Synergy's full capital in issue 

Fortress Income Fund expects the distribution per B linked unit for the six months ended December 2013 will be between 37% and 42% higher than for the six months ended December 2012.

Linked unit holders are referred to the announcements released on SENS on 15 November 2013 and 29 November 2013. 

Vukile is pleased to announce that the Offering was significantly oversubscribed and 20 525 000 new linked units were placed with qualifying institutional investors at a price of R16.70 per linked unit for gross proceeds of R342.8 million.

Vividend expects its distribution per linked unit to rise between 141% and 151% in the six months to February.

Property loan stock company Vividend Income Fund says it has entered into an agreement with Vusani Property Investments to acquire a portfolio of retail and commercial properties for R790m.

Capital Property Fund has concluded an agreement with Fortress Income Fund and Resilient Property Income Fund for the disposal of a portfolio of retail properties.

Hospitality Property Fund (HPA/HPB) said that trading conditions in the hotel industry remained challenging due to the continuing effects of restrained demand and oversupply of available room stock.

Redefine Properties has declared a distribution of 16 cents per linked unit for the quarter ending in February, which combined with the distribution of 15 cents for the quarter ending in November 2010, results in a total distribution of 31 cents per linked unit for the six months ended February 28.

Redefine Properties says it will probably still be earning fees from Hyprop Investments after the termination of its consultancy agreement with the company.