Thursday, 15 December 2016 05:27

Giant property tie-up

Merger of Nepi and Rockcastle Global Real Estate looks set to go ahead with the announcement of a deal that should create the largest listed property company on the JSE.

Greenbay Properties plans to raise R1.75bn through the issue of new shares, in line with its investment policy.

Resilient increases total distributions for its financial year by 25.1%, thanks to the effects of capital raising, a solid performance from its property portfolio and a weaker rand.

US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.

With his extensive acumen as a property developer and investor, Jeff Zidel has been appointed President of the South African Council of Shopping Centres (SACSC).

Resilient property stable is raising capital for its latest Europe focused real estate fund.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today released robust interim financial results for the six months ended 29 February 2016.

New Europe Property Investment is a story is now synonymous with robust growth.

Resilient Reit is putting on ice its plans to build 10 shopping centres in Nigeria.

Fortress Income Fund more than doubles its B-share dividend to shareholders in the six months to December.

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