Wednesday, 08 November 2017 08:40

Indluplace Properties delivers on target

Indluplace Properties Limited (‘Indluplace’), the first residential focused REIT listed on the JSE, today announced their annual results for the full year ending 30 September 2017.

Redefine Properties is to expand its offshore property platform with the acquisition of a strategic 25% stake in a one billion euro retail portfolio of 28 quality established and well located assets in Poland.

Intu Properties PLC (‘intu’) and LaSalle Investment Management (‘LaSalle’) acting on behalf of Greater Manchester Pension Fund and West Yorkshire Pension Fund are forming a partnership to jointly own intu Chapelfield shopping centre in Norwich. 

Growthpoint Properties has launched an innovative pilot project that turns the large volumes of food waste generated by client businesses at its properties into compost.

GMI Property Group (GMI), in collaboration with Cosmopolitan Projects are pleased to announce the realisation of Sky City Mall as an exciting retail venture within the Sky City development. 

JSE AltX and Mauritius listed New Frontier Properties today reported solid financial results for the year ended 31 August 2017, despite market volatility and economic headwinds in a post Brexit operating environment.  

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat interim results for the six months ended 31 August 2017.

JSE listed REIT Octodec Investments Limited today announced full year results achieving modest distribution growth of 0.8%, and declaring an annual cash dividend of 203.1 cents.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, has closed its accelerated bookbuild to fund the acquisition of the sixth largest self storage brand in the United Kingdom, Storage King.

Equites Property Fund Limited today announced a 12.02% increase in half year distributions to 60.98 cents per share, which is at the upper end of its guidance of 10%-12% distribution growth for the 2018 financial year. 

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