Rebosis plans R1 bilion share sale to fund deals
Rebosis Property Fund, a substantially black-held property company, plans a share sale to help fund the purchase of offices and a shopping mall.
View ArticleRand, Bond yields impact Listed Property
South Africa’s listed property sector finally succumbed to a weaker Rand, higher bond yields and ‘private placement fatigue’ during the week ending 24 May 2013.
View ArticleVunani gets green light to raise up to R760 million for Acquisitions
JSE listed property fund, Vunani Property Investment Fund (VPIF) today received substantial approval from linked unit holders to raise up to R760 million by way of a rights offer to grow its portfolio.
View ArticleListed property sector pulled back last month
The South African listed-property index (FTSE-JSE Sapy index) pulled back last month, declining by 16% from its peak two weeks ago on May 20 to the JSE’s close yesterday.
View ArticleListed property’s bumpy road offers investment opportunity
South Africa’s listed property sector continued its slide during the week ending 31 May 2013, as the Rand breached R10/US$ and bond yields moved sharply higher.
View ArticleSouth Africa’s property stocks plummet
Property stocks continued their slide on Friday, taking the FTSE/JSE SAPY index’s losses to 16% from the peak reached two weeks ago.
View ArticleMarket volatility dampens Listed Property Sector
Movements in bond yields, the rand and inflation rates uncertainty continue to dampen the listed property sector, with the South African listed-property index (FTSE-JSE Sapy index) losing 16% last month.
View ArticlePrivate Placement partly blamed for drop in SA’s property stocks
The listed-property index (FTSE-JSE Sapy) dropped by 16% since May 20, and private placement “fatigue” has been partly blamed for the sharp sell-off in property stocks over the past two weeks.
View ArticleVukile pulls back on plan to acquire Wingspan’s retail centres
JSE-Listed Vukile Property Fund Ltd on Tuesday announced that its negotiations to acquire Wingspan’s property portfolio comprising five regional shopping centres had been terminated.
View ArticleSA’s listed property sector forms new SA REIT association
THE South African listed property sector today inaugurated a new SA REIT Association in Sandton, aimed at representing the listed property REIT sector, in pursuit to boost one of SA’s most active asset...
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