Township-focused property developer Safari says its private placement is oversubscribed.

Redefine International today announced it has agreed to purchase the remaining 40% of the issued shares in BNRI Earls Court Limited to secure full ownership of the Holiday Inn Express Hotel in Earls Court, London.

Safari Investments RSA Limited ("Safari") will become the latest REIT listing on the JSE on Monday, 7 April 2014.

GoGlobal says its shareholders have overwhelmingly approved the deal which will see the property fund acquire APF1 Ltd for R303m (£17‚034‚603).

MAS Real Estate says it wishes to raise R2.740bn by issuing 173,987,429 new shares at R15.75 per share in a private placement.

Redefine International successfully completed its accelerated bookbuild capital raise earlier today. The placement was substantially oversubscribed with strong demand from both the UK and South African investors resulting in the total share placement being increased to 9.9% of the current issued ordinary share capital prior to the Placing.

Redefine International will place 86.64-million new shares‚ representing 7.5% of the company’s issue share capital, says group. 

The Don Group will delist from the JSE after buying out minorities.

Tower Property Fund concludes an agreement with Motifprops 77 Pty Ltd for the acquisition of the property known as Clifton Place for R80.5m.

Attacq poised for a year of growth. Since its successful JSE listing on 14 October 2013, its share price has consistently traded around the R18 mark with strong demand and positive sentiment.