Friday, 01 July 2011 02:00

Property funds - flavour of the month

Last year more money about R4,5bn was invested into real estate funds, than into equity R4bn unit trusts, there are now 22 real estate funds for just 19 shares in the sector.

Wednesday, 19 October 2005 02:00

Fight still on

Further Corporate activity is on the cards for the listed property sector as funds become increasingly aggressive in their drive to bulk up assets under management. The sector has seen a number of mergers and takeovers over the past year, with the Madison managed stable of funds being one of the key players.

Friday, 16 September 2005 02:00

Hyprop boosts SA Retail stake

Listed retail property loan stock Hyprop Investments now holds a 44,4% stake in rival property fund SA Retail Properties, following the acceptance by 37,8% of SA Retail unitholders of Hyprop's offer, which closed on September 9.

Friday, 12 August 2005 02:00

Old Mutual buys Marriott

Giant insurer Old Mutual has struck a deal to buy Marriott, the Durban-based merchant bank, unit trust and property fund managers

Old Mutual Properties has offered to buy the entire business of Durban-based property group Marriott Holdings in a deal that could be worth up to R500m .

Thursday, 14 July 2005 02:00

Hyprop voters want SA Retail

The Hyprop share is up 2.3% to R24 buoyed by the booming property market - also the news that more than 60% of Hyprop unit holders are in favour of taking over rival property group SA Retail.

Hyprop Investments has adjourned its general meetings called to vote on the group's takeover bid for rival SA Retail, saying it would be doing further canvassing of SA Retail unitholders about its takeover prospects

Marriott, the fund manager of listed property funds SA Retail Properties and Martprop, has dealt a blow to Hyprop Investments' takeover bid for SA Retail, saying more than half of SA Retail unitholders will reject Hyprop's offer.

Business Day interview with Simon Pearse.

Marriot says more than half of SA Retail unitholders will reject Hyprop’s offer.

Page 1 of 3

Most Popular

GMI Property Group adds a New Mall to its Stable: Bronkhorstspruit Mall

Jul 21, 2022
GMI Properties Group announces the development of the much-anticipated Bronkhorstspruit…

Equites Property Fund and Mabel conclude B-BBEE transaction

Jul 21, 2022
Andrea Taverna-Turisan
The JSE listed specialist logistics property fund, Equites, today officially announced…

The growing take-away and fast food, and food delivery, culture

Jul 20, 2022
Restaurant and Take-Aways data for May 2022
Restaurant and Take-Aways data for May 2022 points to “solid but slowing” growth in…

The rapidly rising cost of living is reflecting in residential rentals

Jul 21, 2022
TPN Graph-Rental Demand
Demand for residential rental properties saw some recovery in the first quarter of 2022…

Despite hike, interest rate remains below pre-Covid levels, says Dr Andrew Golding

Jul 21, 2022
Dr Andrew Golding
With the inflation outlook deteriorating since the previous Monetary Policy Committee…

Please publish modules in offcanvas position.