MAS Real Estate reported an adjusted net asset value (“NAV”) per share of 114,5 euro cents as at 31 March 2015, representing a cumulative 10,3% increase for the 9 months since the end of the previous financial year being 30 June 2014.

A property developer with powerful South African backing claims that his new building, which is planned for Edinburgh in Scotland, will be a 'vibrant scheme'. 

AltX-listed MAS Real Estate said on Wednesday its capital raising in February had been "very successful".

MAS Real Estate is to raise R1.52bn (about EUR100m) by way of a private placement of 96.7-million shares at R15.75‚ or EUR1.035‚ per share‚ it said on Monday.

MAS Real Estate says it will go to market next month to raise capital to fund its plans for its accelerated growth plan in the UK and Continental Europe.

Net asset value of MAS Real Estate’s property interests is set to exceed EUR100m‚ thanks to its acquisition of Attacq’s interest in its two Karoo investment funds.

ALTX-listed MAS Real Estate — the Western European property play backed by South African developer Atterbury and life assurer Sanlam — has increased its presence in Scotland with the acquisition of a large tract of development land in the heart of Edinburgh’s historic city centre.

AltX-listed MAS Real Estate is starting to look a lot more interesting now that its market cap has reached R1bn.

MAS Real Estate, a Europe-focused property investment company listed on the AltX, on Thursday reported net operating income of €2.1m for the year to February 2013, from €606,000 in the previous corresponding period.

MAS Real Estate‚ a Europe-focused property investment company listed on the JSE’s AltX‚ says it would raise up to 34.2 million euros in SA‚ the British Virgin Islands‚ Europe and the Isle of Man through a private placement.