The deal, which is subject to shareholder approval, provides equity funding for the Lekela Power platform, a joint venture with the global pan-emerging market private equity firm Actis.
Property hybrid Tradehold makes a big play for local property by acquiring the R6.2bn South African portfolio of the Collins Property Group.
Actis, a leading growth markets investor, is pleased to announce that it has reached final closing on its third opportunistic private real estate fund, Actis Africa Real Estate Fund 3 (“ARE3”) with commitments totalling more than $500m, comfortably exceeding its original $400m target.
Prime residential property prices in Vancouver rose by 25%* in 2015 according to Knight Frank’s Prime International Residential Index (PIRI).
London has beaten New York for the second year in a row as the most important city for the ultra-wealthy, according to Knight Frank’s Wealth Report, an annual analysis of wealth flows and property investment around the world.
Texton Property Fund concluded an agreement to acquire a retail park located in a prime location in Camborne in the UK (“Camborne Retail Park”) for £9,850,000 at an acquisition yield of 6.40%.
Johannesburg & London, 9 December 2015 - JLL (NYSE:JLL) today announced the acquisition of Trussard Property Consultants, a leading local real estate leasing and investment agency business, based in Johannesburg. The addition of Trussard will further accelerate the strong growth momentum in JLL’s South Africa business which is based in Rosebank, Johannesburg.
Actis, a leading emerging market investor, has announced an investment of R760m (US$54m) in Food Lover’s Market, estimated to be the largest independent food retail group in Africa.
STENPROP Limited, announce the sale of its Chiswell Street asset in London and the purchase of Trafalgar Court in Guernsey.
Prices rose for the seventh consecutive quarter between June and September, but there are signs that the market is slowing. Oliver Knight examines the latest figures.

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