Redefine International says that part of the capital raised in its private placement of units will be used to subscribe for additional shares in Redefine International plc.
Reserve Bank has granted approval for Redefine Properties to hold its interest in UK-based Ciref directly through a wholly owned South African subsidiary.
When purchasing a commercial investment property, most people regard the initial yield in year 1 as the cap rate. That is fine as long as the market rentals and the contractual rentals are similar
In the last 6 or 7 weeks we've witnessed a global financial meltdown, huge drops in stock markets, massive retrenchments in the overseas financial sector and store closure announcements running to almost 1000 shops in the UK alone
Madison Property Fund Managers have reported an interim distribution of 39 cents per linked unit for the period to 30 June 2008, representing an 8.3% increase from the prior interim distribution period
Madison pose the question: Is the listed property sector being used like an ATM by investors shorting to purchase commodities?
UK-based commercial property group Liberty International on Wednesday reported a first quarter basic loss per share of 84.7 pence for the quarter ended March from earnings per share of 75.4 pence a year ago.
UK government-backed fund aims to invest in office and retail properties in sub-Saharan Africa Property Correspondent.

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