Murray & Roberts and Southern Palace Group today announced the purchase of the Murray & Roberts Southern African Infrastructure & Building (“I&B”) businesses, by a consortium led by the Southern Palace Group of Companies (Proprietary) Limited (“Southern Palace”).
Accelerate conclude pre-agreement with the Supernova Privatstiftung group to acquire a portfolio of 9 well located retail warehouse properties in Austria and Slovakia.
Murray & Roberts pays CEO Henry Laas R14.7m in the financial year to June, including R6.4m in bonuses.
Listed Hospitality Property Fund disposes of Inn On The Square for R157m through its wholly owned subsidiary HPF Properties.
Echo Polska Properties N.V. (EPP), a leading Warsaw-based real estate investment fund debuted on the main board of the Johannesburg Stock Exchange (JSE) today under the abbreviated name “PolskProp” and JSE share code of EPP. Hadley Dean, EPP’s Poland based CEO was present to blow the traditional kudu horn to commemorate the company's entry on the JSE.
Mara Delta is set to convert its Moroccan subsidiary into a real estate investment trust by the end of 2016.
SA Corporate and Calgro M3 are pleased to announce that the Parties have agreed to enter into a joint initiative through Afhco Holdings (Pty) Ltd (“Afhco”), a wholly owned subsidiary of SA Corporate, and Hizoscape (Pty) Ltd, respectively (to be renamed Calgro M3 Real Estate (Pty) Ltd) (“Calgro Real Estate”), a wholly owned subsidiary of Calgro M3.
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