Vukile has reported a 7.5% increase in its interim distribution to 54.31c per linked unit and said it plans to grow the fund more aggressively.
Hyprop Investments’ R9bn acquisition of Attfund’s retail arm, will not only have positive spin offs for Hyprop shareholders but will also gain capital injection into AltX-listed MAS.
Property loan stock company Vukile Property Fund said yesterday it was looking at expanding its retail offering to underserved rural areas and previously disadvantaged areas across the country
Vukile Property Fund announced on Friday that it has notified Sanlam Life Insurance about its interest to acquire certain properties from Sanlam valued at approximately R500 million.
Property loan stock group Vukile announced on Tuesday that its unitholders have approved the company's proposal to acquire nine Sanlam Life Insurance properties for R537.6 million.
Punters shouldn't expect much in the way of short-term share price growth. Analysts say Vukile is starting to look expensive relative to its peers, with its share price already up 50% over the past eight months
A group of black investors including Transport Minister Jeff Radebe's wife Bridgette and new entrants, has bought a 25% stake in Sanlam's property loan stock company, Vukile Property Fund, for R439 million.
Auction group Aucor is holding a property auction on June 8.
CONSTRUCTION and building materials retailer Iliad Africa's earnings rose steeply in the year to December, following its acquisition of Corpbuild from Corpcapital, and amid organic growth.
Pretoria - The listed property sector was expected to gain vigour because of expected new institutional listings by Old Mutual, Sanlam, Absa and RMB Properties later this year and early next.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.