Monday, 22 October 2007 02:00

Ambit set to acquire Abseq in R1,03bn deal

Listed property loan stock company Ambit Properties has announced it will acquire Abseq Properties, which owns one of the “premier office portfolios in Johannesburg’s northern suburbs”, in a transaction valued at R1,036bn.

Monday, 11 September 2006 02:00

Oryx sees 11% growth in distributions

Oryx Properties has said that its distributions for the year to June had surged 11% to 78c a linked unit.

ABSA Bank has acquired full control of the management company of listed property company Ambit Properties for an undisclosed amount

Listed property loan stock company Ambit Properties on Thursday reported distribution growth of 6,9% to 14c a unit for the six months to March, compared with the same period last year.

Is the furore surrounding new accounting requirements on operating leases a storm in a teacup?

The outcry about new accounting requirements on operating leases gathered steam on Tuesday, with the CEO of property group Ambit, saying the requirements were "diabolical for the listed property sector".

Monday, 23 May 2005 02:00

Ambit sets sights on R1bn mark

Listed property loan-stock company Ambit Properties says it plans to build up its assets to R1bn this year.

Monday, 22 November 2004 09:14

Ambit's results trump its forecasts

Listed property loan stock company reported positive maiden interim results on Friday, announcing that its distributions to unitholders were 4,7% higher than its initial forecast

Ambit Properties Limited announced today that it has taken transfer of all the properties in its portfolio.

Wednesday, 04 February 2004 02:00

Ambit Properties to list today

PROPERTY loan stock company Ambit Properties, a joint initiative of Absa Commercial Property Finance and Marriott Holdings, will list today on the JSE Securities Exchange SA.

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