Safari is pleased to announce its intention to list its shares on the securities exchange operated by the JSE Limited ("JSE") as a Retail REIT on the Main Board before the end of March 2014.
Delta Property Fund today announced that it has concluded agreements to acquire a 17.75% stake in Ascension properties, and has received letters of support from institutional investors, which together effectively secure Delta a major 41.40% investor voting bloc in Ascension.
2014 is set to be the best year for commercial property in first world economies, since the onset of the global financial crisis in 2008, according to Redefine International CEO Mike Watters.
Capital Property Fund's distribution increased by 8,37% to 75,62 cents per unit for the year ended 31 December 2013.
Efficient towns and cities with competitive rates and taxes stand to benefit from more commercial property investment and development in 2014, according to the South African Property Owners Association (SAPOA).
Redefine International today announced it has agreed to sell the St Anne's House office building in Croydon, England for £8.4 million, £3.4 million above the property's 31 August 2013 book value.
Redefine International says its portfolio occupancy level rises to 97.6% in the three months ended December 2013, from 97.3% in the three months to end-August 2013.
Vunani Property Investment Fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani Property Asset Management Proprietary Limited to Texton Property Investments Proprietary Limited at a meeting held in Johannesburg today.
Dipula Income Fund today announced that it has agreed to acquire the Gillwell Taxi Retail Park development in the East London CBD, situated in the Buffalo City Metropolitan Municipality of the Eastern Cape province.

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