Results for non-core properties

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Eskom hopes to raise R2bn by selling non-core properties
Eskom hopes to raise R2bn by selling non-core propertiesArticle

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.

13 Apr 2021

Eskom head office
Kusile and Medupi design defects rectified, yet load shedding goes onArticle

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...

18 Mar 2021

Lease-back sales gaining traction in SA
Lease-back sales gaining traction in SAArticle

According to commercial property consultancy Knight Frank, lease-back sales are fast gaining traction...

22 Nov 2016

Delta rises above investor trepidation
Delta rises above investor trepidationArticle

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

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Joyner injects new life into HospitalityArticle

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 grows its distributable earnings
Tower Property Fund grows its distributable earningsArticle

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

Geoff Jennett, CEO of Emira Property Fund
8.8% half-year distribution growth for EmiraArticle

On Wednesday, 17 February, Emira Property Fund Limited announced 8.8% growth in distributions per share for its half-year to December 2015...

18 Feb 2016

Dipula announces remarkable growth
Dipula announces remarkable growthArticle

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...

12 Nov 2015

Tower Property Fund purchases eight industrial properties
Tower Property Fund purchases eight industrial propertiesArticle

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...

17 Jul 2015

Redefine all set for August takeover of Fountainhead
Redefine all set for August takeover of FountainheadArticle

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

Fountainhead Property market cap surges 48.1%
Fountainhead Property market cap surges 48.1%Article

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

Fountainhead delivers below-par growth in income payouts
Fountainhead delivers below-par growth in income payoutsArticle

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

Gautrain Hotel sold for R443m
Gautrain Hotel sold for R443mArticle

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 to 'redefine' Fountainhead
Redefine to 'redefine' FountainheadArticle

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

Capital Property and Ascension agree on sale
Capital Property and Ascension agree on saleArticle

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

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