Redefine making headway following its announcement to acquire balance of EPP shares
Redefine Properties today announced that it proposes to make a share-for-share offer to acquire all the remaining shares in EPP it does not already own (excluding the shares held by IGroup).
Dipula considers strategic relationship with Resilient in R1 billion deal that will optimise capital structure and unlock shareholder value
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced that it is considering a strategic partnership with Resilient REIT Limited (“Resilient”) in a R1 billion transaction that will see Dipula optimise its capital structure and benefit from the retail property and deal-making experience of Resilient to create further shareholder value.
Balwin shareholders approve implementation of BEE deal; Bolsters empowerment credentials
JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, today received shareholders’ approval for the implementation of a significant Black Economic Empowerment (BEE) transaction.
Fairvest concludes share swap agreements with shareholders to acquire 50,1% of Arrowhead Properties' issued shares
Fairvest Property Holdings Limited (“Fairvest”) today announced that it had concluded agreements with shareholders of Arrowhead Properties Limited (“Arrowhead”) to acquire 50,1% of Arrowhead B shares through the issue of new Fairvest shares at a swap ratio of 1.85 Fairvest shares per Arrowhead B share.
Robust Management & Buoyant portfolio sees Dipula grow distributable earnings per b-share by 16.8%; reduce LTV to 35.7%
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced robust results for the six months ended 28 February 2021.
Rebosis delivers better than expected interim result and a plan of corporate action to reduce debt levels
Rebosis Property Fund, today reported better than expected interim results for the six months ended 28 February 2021.
Fairvest announces interest in acquiring a stake in Arrowhead Properties
Fairvest Property Holdings Limited (“Fairvest”) today announced its interest in acquiring a stake in Arrowhead Properties Limited (“Arrowhead”) via privately placed share swap transactions.
Emira receives firm intention for a mandatory offer to shareholders
Emira Property Fund (JSE: EMI) has received written notice from its major shareholder, the I Group, that the I Group and its concert parties have raised their stakes in the REIT and now hold 35.003% of its voting rights.
Teraco concludes R2.5 billion funding round for data centre construction
Teraco Data Environments Proprietary Limited, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced that it has finalised a new R2.5 billion loan financing transaction.
Attacq Limited appoints Jackie van Niekerk as new CEO
Attacq Limited, the premier JSE-listed REIT is pleased to announce that Jackie van Niekerk, the current Chief Operating Officer (“COO”) of Attacq, has been appointed as the CEO with effect from 1 May 2021.
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