NEPI officialy opens Vulcan Value Centre in Bucharest

Listed property share prices rally about 5% over the past two weeks, on better than expected results reported by real estate counters this month.

Nepi completes another oversubscribed book build as it raises equity of about R1.14bn to finance projects in Romania where it owns shopping malls.

New Europe Property Investments says it plans to raise R1.14bn through the issue of new ordinary shares.

Capital Property Fund's strategy to increase its exposure to rand hedge sister companies New Europe Property Investments and Rockcastle Global Real Estate Company continues to pay off.

Atlantic Leaf Properties has completed its first phase of capital raising as it looks to attract South African investors seeking offshore exposure. 

New Europe Property Investments declares a distribution of 26.79 euro cents per share in 2013, an improvement of 15% over 23.29 euro cents in 2012.

SA investors should add listed property stocks to their portfolios this year due to their track record in beating inflation better than cash‚ bonds and certain other equity investments, says Grindrod.

South African investors are likely to make more money in offshore property markets next year than in their own backyards.

New Europe Property Investments will seek to raise about EUR35m or about R486m through the issue of new shares.