JSE listed REIT Octodec is undertaking two new exciting development projects, 1 on Mutual and Centre Forum, for a total value of R537m.
Octodec announce its annual results to 31 August 2014.
JSE listed REITs Octodec and Premium announced yesterday that the proposed merger of the companies was approved by the Competition Tribunal.
Merger to become effective in September 2014; Combined portfolio to be valued at R10bn and offer significant exposure to the residential sector.
More rental housing portfolios are finding their way to the JSE's R260bn listed real-estate sector although they are mostly part of larger commercial property offerings.
Most of SA's listed property funds convert to real estate investment trusts, moving them in line with global tax practice and putting them on the global map.
Freedom Property Fund makes its debut on the JSE.
JSE listed REITs Octodec and Premium today announced an agreement whereby Octodec proposes to acquire all of the issued linked units of Premium in exchange for Octodec shares.
2014 has confirmed that the listed property sector is moving from a cycle of new listings, into one of consolidation.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.