Wednesday, 28 March 2012 02:00

Erbacon in R200m plus recapitalisation plan

Erbacon announces a debt restructuring plan in excess of R200m to recapitalise the business growth.

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

Friday, 25 November 2011 02:00

Hyprop placement exceeds expectations

Rand Merchant Bank has announced that the sale of a large tranche of Hyprop units, exceeded expectations when they were bought via an 'accelerated bookbuild placement' on global markets.

Wednesday, 13 July 2011 02:00

Growthpoint to raise R1.5bn in equity issue

Property fund Growthpoint plans to raise about R1.5bn through the issue of new Growthpoint linked units.

Growthpoint Properties Limited (GRT) has issued a R500 million senior unsecured corporate bond issue of five-year maturity. 

Capital & Counties Properties says it has raised about GBP100.6m following the placing of its 62.1m new ordinary shares at 25 pence a share.

African Infrastructure Investment Fund 2 has announced its first close with unconditional commitments totalling $320m.

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