Developers fetching record prices for new luxury apartments in Cape Town and Johannesburg
Developers are fetching record prices in a number of new luxury apartment buildings in sought-after areas of Cape Town and Johannesburg.
Shaun Rai
Shaun Rai is a Chief Executive Officer of Cape Empowerment Limited. He is also Executive Director of Ascension Property Limited.
Ascension Properties grows its property portfolio 46% to R3.7bn
Ascension Properties beat its portfolio growth target in its year ended June, with its property portfolio growing 46% to R3.7bn.
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
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.
Ascension Properties announces R146.2 million acquisition of Surrey House
JSE listed REIT Ascension Properties Limited today announced its acquisition of Surrey House in Johannesburg.
Ascension Properties meets distribution forecast amid R1.95bn portfolio growth
Property income fund Ascension Properties Limited today reported an excellent set of results for the year ended 30 June 2013.
JSE property funds adding to portfolios
Listed Property funds grow property portfolios in highly competitive market.
Ascension Properties celebrates successful year after listing
Since listing on 11 June 2012, Ascension’s property assets have increased by R1,5 billion to R2,3 billion.
CET, African Alliance sell realty arm to Ambit
Cape Empowerment Trust and African Alliance Properties have announced that they have sold their property portfolio
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