Wednesday, 14 August 2019 15:46

Fairvest withdraws bid to merge with Safari

Fairvest Property Holdings Limited  today announced that it has elected, by mutual agreement, to not proceed with its friendly merger with Safari Investments RSA Limited.

Investec Australia Property Fund (IAP or the Fund) is pleased to announce that Georgina Lynch has been appointed as an independent non-executive director of Investec Property Limited, the responsible entity of the Fund. Georgina’s appointment is effective from 1 July 2019.

JSE diversified REIT, Dipula Income Fund (Dipula), today announced steady interim results for the six months to February 2019.

Emira Property Fund has made two further equity investments into grocery-anchored dominant shopping centres in the USA, both located in the state of Texas.

NEPI Rockcastle’s wholly-owned subsidiary, NE Property BV, has closed the corporate bond book build referred to in the announcement released earlier today.

JSE-listed South African-focused REIT Gemgrow Properties  today announced its interim results for the six months ended 31 March 2019.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

The transaction is complementary to the Fund’s existing investment into the European logistics sector.

Fairvest Property Holdings Limited today again announced solid results for the six months to December 2018, with interim distributions increasing by 8.3% to 10.616 cents per share. 

London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the period ending 31 December 2018, despite challenging retail market conditions.

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