Developers are fetching record prices in a number of new luxury apartment buildings in sought-after areas of Cape Town and Johannesburg.

Thursday, 12 March 2015 16:48

Shaun Rai

Shaun Rai is a Chief Executive Officer of Cape Empowerment Limited. He is also Executive Director of Ascension Property Limited.

Published in Property Leader

Ascension Properties beat its portfolio growth target in its year ended June, with its property portfolio growing 46% to R3.7bn.

Thursday, 13 February 2014 13:52

Rebosis‚ Delta put Ascension bids on hold

Black-controlled Rebosis Property Fund and Delta Property Fund have put their respective take-over bids for Ascension Properties on hold to avert a protracted bidding war for Ascension's lucrative R3.2bn portfolio of government-tenanted offices.

Delta Property Fund says it is entitled to a R10m break fee following Monday's announcement that Rebosis would acquire Ascension's management company for R150m.

JSE listed REIT Ascension Properties Limited today announced its acquisition of Surrey House in Johannesburg.  

Property income fund Ascension Properties Limited today reported an excellent set of results for the year ended 30 June 2013.  

Thursday, 13 June 2013 12:23

JSE property funds adding to portfolios

Listed Property funds grow property portfolios in highly competitive market.

Since listing on 11 June 2012, Ascension’s property assets have increased by R1,5 billion to R2,3 billion.

Cape Empowerment Trust and African Alliance Properties have announced that they have sold their property portfolio

Most Popular

Impact of fuel price increase on commercial property

Jun 02, 2022
John Loos
It is well-known that the cumulative fuel price increase has added significantly to…

Fluxmans signs long lease with Growthpoint Properties for Illovo Corner offices

Jun 02, 2022
Illovo Corner
South African law firm Fluxmans has signed a long lease with Growthpoint Properties (JSE:…

Rebosis Property Fund bids farewell to Dr Anna Mokgokong, the founding independent non-executive director and chairperson

Jun 02, 2022
Dr.-Anna-Mokgokong
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Rebosis reports improved operational performance for six months to end February 2022; focus remains on portfolio optimisation

Jun 01, 2022
Otis Tshabalala Rebosis Property Fund
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Please publish modules in offcanvas position.