Thursday, 01 May 2014 12:49

Redefine basic EPS up 14.1%

Redefine International lifts basic earnings per share 14.1% from 1.91p to 2.18p for the six months ended February.

The JSE's latest offshore property offering, Atlantic Leaf Properties, announced its first sizable acquisition since the counter made its AltX debut three weeks ago.

Rebosis Property Fund reports a 9.0% rise in its distribution per linked unit to 48.5c for the six months ended February 2014 from 44.5c in the year-earlier period. 

The Tower Property Fund has purchased the DeVille Shopping Centre in Durbanville at a cost of R226 million.

Fountainhead Property Trust today declared an interim distribution of 29 cents per unit for the six-month period to 28 February 2014, representing distribution growth of 11% from the first half last year.

Safari Investments RSA Limited ("Safari") became the latest listing under the "Real Estate Holdings and Development" (REIT) sector on the Main Board of the JSE today with the short code "SAR".

Wednesday, 02 April 2014 15:57

Safari private placement oversubscribed

Township-focused property developer Safari says its private placement is oversubscribed.

Safari Investments RSA Limited ("Safari") will become the latest REIT listing on the JSE on Monday, 7 April 2014.

Announcement of offer by Acucap Properties to acquire all Sycom Property Fund units in issue.

The SA Listed Property Index (J253) recorded a positive return of 4.66% for February 2014.

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