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Topic - Property
Nov 08, 2013
Property group Delta has bought out 20 properties from four property portfolios for over R1-billion, the company announced on Friday. The acquisitions of well-established, low-risk, mostly single-tenanted properties enabled the group to diversify its geographic...
Nov 04, 2013
JSE-listed agriculture and property group Tongaat Hulett on Monday said it expected its headline earnings for the six months ended September 30, to increase by 1.2% to R663-million, compared with the R655-million earned during the prior comparative period. Headline...
Oct 31, 2013
Redefine CEO Marc Wainer
Property group Redefine on Thursday declared a distribution of 68.7c per linked unit for the financial year ended August 31, up 7.3% from the year before, and expected to continue this growth into the next year. Redefine moved ahead of expectations on the back of the...
Oct 31, 2013
JSE-listed property group Hyprop on Thursday announced that it had successfully issued a R450-million, six-year corporate bond to refinance a maturing bank facility, bringing its total debt capital market issuances to R2.1-billion or 38% of total debt. The bond was...
Oct 29, 2013
Following successful share placements to raise £16.8-million of new capital to support the recent €189-million acquisition of three prime German shopping centres, as well as a further placement to fund the settlement of its debt with UK insurer Aviva,...
Oct 04, 2013
As property group Attacq prepares to kick off trade on the real estate holdings and development sector of the main board of the JSE by October 14, it opened an initial public offering on Friday to raise R800-million. Investors were invited to subscribe for about...
Oct 02, 2013
Redefine CEO Marc Wainer
Property group Redefine Properties plans to increase its shareholding in Fountainhead Property Trust by up to 250-million units. Redefine, which was currently the largest single Fountainhead participatory unit holder with nearly 46% as at February, proposed to swap...
Sep 26, 2013
Property group Attacq plans to list on the real estate holdings and development sector of the main board of the JSE by mid-October, CEO Morne Wilken announced on Thursday. Investment in the group, which was previously known as Atterbury Investment, would be through...
Aug 29, 2013
Jul 01, 2013
May 27, 2013
May 24, 2013
May 16, 2013
JSE-listed agriculture and property group Tongaat Hulett on Thursday said it expected its headline earnings for the year ended March 31 to increase by 18.7% to R1.06-billion. Profit from operations is expected to increase by 11.7% to R2.15-billion, from R1.92-billion...
May 10, 2013
Broll Property Group on Friday reported that its African expansion had gained momentum, with the group now active in 15 countries on the continent. The South Africa-headquartered group, which had offices in Ghana, Malawi, Namibia and Nigeria, had opened offices in...
Feb 28, 2013
Demand for office space in South Africa remained weak in 2012 amid challenging market conditions and extensive consolidation of companies, JSE-listed property group Growthpoint Properties CEO Norbert Sasse said. He said the office rental sector of the group’s...
Jan 18, 2013
Construction of the new R255-million 11-storey Palm Royale sectional title apartment block in the Oasis Luxury Retirement Resort at Century City, in Cape Town, was under way, property group Rabie announced on Friday.
Nov 12, 2012
JSE-listed agriculture and property group Tongaat Hulett is looking to increase its two-million-ton-a-year sugar production capacity from its existing mills as it moves to build on the momentum created by its increased sugar cane supplies. The company said on Monday...
Nov 02, 2012
The R2.1-billion property group and predominantly government-tenanted black economic-empowerment company Delta Property Fund is to list on the Johannesburg Stock Exchange (JSE).
Aug 29, 2012
JSE-listed property group Growthpoint on Wednesday reported that, despite a 12-year low in business confidence, uncertain global economic conditions and lower office demand, the company achieved a 6.1% distribution growth for the year ended June 2012. Improved...
May 28, 2012
Agriculture and property group Tongaat Hulett expects its future revenue stream to benefit “significantly” from electricity and ethanol developments, CEO Peter Staude said on Monday. The JSE-listed company said it was working with government to establish an...
Feb 10, 2012
Multinational group and pump manufacturer Grundfos has invested R100-million towards the building of a new facility in Meadowbrook, east of Johannesburg.
Nov 25, 2011
Property group Redefine Properties has made significant progress in the implementation of its strategy of restructuring and improving the quality of its core property portfolio.
Nov 25, 2011
Agriculture and property management group Tongaat Hulett’s significant aim is to facilitate increased cane supply (including hectares under cane, yields and cane quality) to its mills for the 2011/2012 financial year.
Nov 14, 2011
Electricity generation and ethanol production from sugarcane could save and create thousands of local jobs, mainly in rural areas, agriculture and property group Tongaat Hulett CEO Peter Staude said on Monday. The JSE-listed company calculated that the introduction...
Nov 04, 2011
Agricultural and property group Tongaat Hulett reported on Friday that its headline earnings for the interim period to September 30, 2011, were expected to be R501-million, compared with the R507-million earned in the same period last year. Headline earnings a share...
Jul 08, 2011
Mauritius’ first regional shopping centre is being developed by South African property investment and development company Atterbury.
Jan 12, 2011
Attached please find a press release on: Many homeowners are already implementing green measures to help protect the environment and, says Berry Everitt, CEO of the Chas Everitt International property group, it’s relatively simple to expand that concern to the...
Jan 05, 2011
Estate agents have painted a rosier picture for the residential property market in 2011, but warned that prices were being held down by bank's strict lending requirements. Berry Everitt, CEO of the Chas Everitt International property group, said on Wednesday home...
Jan 04, 2011
Attached please find a press release on: The residential property market is now in much better shape than it was 12 months ago and set to recover even more over the next year.
Oct 08, 2010
Attached please find a press release on: The smell of a freshly mowed lawn is one of summer’s special delights for many homeowners, but figuring out what to do with the grass clippings is often not such a pleasure – especially if you’re trying to live a more...
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