Wednesday, 11 December 2013 13:57

Vaal Mall expansion to enhance retail experience

Following seven successful years of being the premier shopping destination of Vanderbijlpark and the Vaal Triangle, Vaal Mall will undergo a substantial 20,000sqm expansion in 2014.

Retail-focused Acucap and office-biased Sycom announce distribution growth of 5.9% and 4.4% respectively for the six months to September.

Liberty Holdings says that its wholly-owned division Liberty Group has entered into a transaction to dispose of Greenacres shopping centre.

South Africa’s listed property sector soared 5% during the week ending 13 September 2013, significantly outperforming both the equity and bond markets. 

Thursday, 12 September 2013 14:37

Sycom disposes of Discovery building for R414m

Sycom Property Fund agrees to sell the Discovery Building in Sandown to The Truzen 113 Trust for R413.9m.

The Competition Commission approves Hyprop Investments' acquisition of Somerset Mall from Sycom Property Fund

Wednesday, 17 July 2013 08:06

Hyprop closes in on Somerset Mall

JSE-listed Hyprop Investments (HYP) is one step closer to acquiring the Somerset Mall in the Western Cape‚ which would be one of the most significant retail transactions in the local commercial property market.

THE potential merger of Acucap Properties and Sycom Property Fund, the portfolio of which is managed by Acucap, "makes commercial sense".

Sycom Property Fund reports a 5.8% rise in distribution to 90.6c for the six months ended March 2013.

Monday, 15 April 2013 01:17

Hyprop exits Sycom through share swap

Hyprop will acquire the 66317m² Somerset Mall from Sycom Property Fund in a share swap arrangement, allowing Hyprop to exit its 34% stake in Sycom.
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