Following Competition Tribunal approval of the take over this week, the empowerment deal will see CBS delist from the Johannesburg Stock Exchange and the formation of a new board

CBS Property Portfolio has completed a remarkably successful maiden year as a JSE-listed property loan stock investment and holding company.

CBS Property Portfolio, which is enjoying a growth phase after listing on the JSE last November, has appointed well-known property player Richard Harman as an executive director.

New listed property company says it is currently talking to government with a view to acquiring one or two of its properties on the market

New listed property company Calulo Property Fund is currently talking to the government with a view to acquiring certain government properties

Calulo Property Fund Limited is now to be launched as South Africa's first fully integrated, black empowered property fund

Listed property funds are loathe to pay high asking prices for quality properties selling at low yields because of the dilutionary effect it would have on their earnings.

THE managers of new listed property company Calulo Property Fund say they are confident they will be well positioned to attract significant government and parastatal business because of their strong empowerment credentials.

Calulo Properties has successfully completed its acquisition of Annuity Property Fund and has changed the name of the company to Calulo Property Fund