The Fund will offer a total of 48 503 939 new linked units ("rights offer units") to unitholders at a subscription price of 987.33 cents per rights offer unit 

Vunani Property Investment Fund (VPIF), the only JSE listed property fund to offer investors significant exposure to commercial offices, today announced the amended terms of its rights offer to raise up to R455 million.

Vunani Property Investment Fund (VPIF) received substantial approval from linked unit holders to raise up to R760 million by way of a rights offer to grow its portfolio.

Delta Property says a maximum of 119‚047‚599 new Delta linked units will be issued to qualifying linked unitholders in terms of its R1bn rights offer.

Following the recent announcement by the Investec Property Fund (“IPF”) of new acquisitions totaling R1.9 billion and the intention to finance these acquisitions through the issue of new IPF units, the recent declaration announcement confirms IPF’s plans to take advantage of the strong equity markets and demand for its share with a R1.5 billion rights offer

Stanlib, Old Mutual, Sanlam and Coronation support Murray & Roberts' proposed rights offer.

Most Popular

Equites Property Fund’ prime logistics portfolio delivers exceptional returns

May 04, 2022
Andrea Taverna-Turisan
Equites Property Fund Limited today announced growth in its distribution per share of…

When is eviction legal? All you need to know about dealing with problem tenants

May 04, 2022
Evictions
Buying an investment property is great, especially when you’ve chosen a good location.…

Steilloop Shopping Centre makeover exceeds customer needs

Apr 22, 2022
Rural Limpopo's Steilloop Shopping Centre was bought by developer, GMI Property Group…

Deadline looms for energy performance compliance for commercial buildings

Apr 25, 2022
Energy certiticate
By 7 December 2022, commercial properties in specified sectors must have obtained their…

First quarter Rode’s Report raises doubts over the Sectional Titles Schemes Management Act

Apr 25, 2022
Default Image
The latest issue of the Rode’s Report has brought into question the practicality of the…

Please publish modules in offcanvas position.