Eskom has sold off two of its non-core properties to the Department of Human Settlements, Water and Sanitation as part of its efforts to raise more than R2bn.
Although the design defects at five units at Medupi and Kusile power stations been corrected, this has not done much to relieve the current state of load shedding in country...
According to commercial property consultancy Knight Frank, lease-back sales are fast gaining traction...
Despite some investors' negative perceptions about having a sovereign-underpinned landlord, Delta Property Fund said it remained focused on owning and being the best manager of state-tenanted assets in SA...
Alistair Anderson 31 Oct 2016
Hospitality Property Fund (HPF) has turned around under the management of CEO Vincent Joyner and is set to compete with other mid-cap property companies on the JSE, following an investment from Tsogo Sun...
Alistair Anderson 26 Aug 2016
Tower Property Fund grew its distributable earnings by 61% to R221m in the year to May, as the fund's offshore acquisition strategy...
Alistair Anderson 5 Aug 2016
On Wednesday, 17 February, Emira Property Fund Limited announced 8.8% growth in distributions per share for its half-year to December 2015...
The Dipula Income Fund has reported an increase of 33% in distributable earnings for its financial year to 31 August 2015, during a period of remarkable growth...
Tower Property Fund, as part of their strategy to increase their exposure to the industrial sector to 20%, recently purchased a property portfolio of eight industrial properties from HBW Holdings...
Redefine Properties, SA's third-biggest real estate investment trust, hopes the takeover of Fountainhead Property Trust will be finalised by August...
Alistair Anderson 20 Apr 2015
Property group Fountainhead (FPT) has seen its market cap grow by nearly 50% between February 2014 and February 2015‚ to about R12bn...
Colleen Goko 20 Apr 2015
Long-suffering shareholders of perennial under-performer Fountainhead Property Trust will have to take more short-term pain‚ with the property stock still delivering below-par growth in income payouts.
Joan Muller 14 Oct 2013
Hotel-focused property loan stock firm Hospitality Property Fund said on Wednesday (17 April) its wholly owned subsidiary HPF Properties or Propco had entered into a new sale agreement with Savana Property to buy the Radisson Blu Gautrain Hotel in Sandton for R443m.
Zeenat Moorad 18 Apr 2013
Redefine Properties has a number of plans for Fountainhead Property Trust's assets and structure‚ which it is comfortable it can implement given how it is placed to block Growthpoint Properties' bid for Fountainhead's assets.
Nick Hedley 4 Apr 2013
Retail‚ corporate and industrial property unit trust Capital Property Fund (CPL) on Tuesday, 18 September 2012, announced it had agreed to sell a portfolio of property letting enterprises to Ascension Properties (AIA) for R989 million.
Roy Downing 18 Sep 2012