Australia residential property market is solid’ and fast growing

The Investec Australia Property Fund closed its capital raising on Friday fully subscribed raising approximately $120 million from existing investors by way of a rights issue.

The South African Real Estate Investment Trust Association (SA REIT) will host the first-ever SA REIT Conference in Sandton next month, offering direct access to an unprecedented panel of the brightest international minds and key local players active in the REIT sector.

Construction at Growthpoint Properties' Range Industrial Park in Blackheath, Cape Town, is well underway.

Investec Australia Property Fund ("IAPF" or the "Fund") has announced the Fund's third acquisition since listing late in 2013, with the purchase of an office development newly completed in July 2014, strategically situated in Brisbane for AUD65.5 million.

Growthpoint Properties' custom developed industrial and office facility for multinational group Grundfos in Germiston has been awarded a 5-Star Green Star SA Office Design v1 rating by the Green Building Council of South Africa (GBCSA).

Singapore developer makes a surprise AUD$2.59 bn cash offer for Australia's Australand, as a bidding war breaks out.

The Investec Australia Property Fund ("IAPF") listed on the main board of the JSE on 23 October 2013.

Intu says it will buy two regional malls and a retail park in the UK for R16bn from Australian shopping centre giant Westfield.

Growthpoint Properties Limited today reported distribution growth of 8% for the six-month interim period to 31 December 2013, outperforming original market guidance.