Delta Property Fund (“Delta” or “the Fund”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today announced the appointment of Marelise de Lange as independent non-executive director with effect from 2 November 2015.

Texton Property Fund announced that Rob Kane and Marelise de Lange have resigned as chief executive officer and financial director respectively of Texton Property Fund Limited.

Vunani Property Investment Fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani Property Asset Management Proprietary Limited to Texton Property Investments Proprietary Limited at a meeting held in Johannesburg today.