Member News

 
 

Vukile shrugs off slow recovery to post robust results


30 June 2011 posted in Member News

Property loan stock company Vukile shrugged off a sluggish economic recovery to increase its full year distribution to linked unitholders by 9% and to grow its net asset value by 7.6% in the 2010 financial year. In its annual report, [...]

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Growthpoint Properties is in the driving seat of motor showrooms


29 June 2011 posted in Member News

Commercial City, a 14,000sqm retail warehouse centre in Strijdom Park, Randburg, has undergone a substantial upgrade by owners Growthpoint Properties Limited to accommodate the flagship premises of Hyundai Automotive South Africa, a division of Imperial Holdings. With exceptional highway visibility [...]

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Hospitality Property Fund acquisition of the Arabella portfolio of hotels


28 June 2011 posted in Member News

Nedbank Corporate Property Finance has provided funding to the Hospitality Property Fund Ltd (HPF) for the R750 million acquisition of the Arabella portfolio of hotels, effectively putting ownership of these prestigious properties in the hands of South Africans. The portfolio [...]

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Tribunal approves Dipula, Asakhe deal


24 June 2011 posted in Member News

Tribunal approves Dipula, Asakhe deal eProp.co.za Dipula is controlled by Redefine Properties, the JSE’s second largest property fund, while Asakhe is owned by Standard Bank Properties and Safika Holdings. … The Competition Tribunal has unconditionally approved the deal in which [...]

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Listed property – Hyprop Investments acquires Attfund’s retail arm


24 June 2011 posted in Member News

23 June 2011 Listed property -Hyprop Investments acquires Attfund’s retail arm … Hyprop Investments’ R9bn acquisition of Attfund’s retail arm, effective next month, will not only have positive spin- offs for Hyprop shareholders but will … www.fm.co.za/Article.aspx?id=146625 Hyprop Investments’ R9bn [...]

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Hospitality Property Fund results


13 June 2011 posted in Member News, PLSA News

With trading conditions in the hotel industry still challenging, property loan stock company Hospitality Property Fund expects total distributions for the six months to June to be at least 25% lower than the previous year. Like its peers, the fund [...]

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GEPF and Growthpoint purchase of South Africa’s landmark V&A Waterfront is successfully completed


10 June 2011 posted in Member News, PLSA News

The Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation Limited (PIC), together with Growthpoint Properties Limited today announced that their purchase, in equal proportions, of South Africa’s landmark V&A Waterfront is now complete and all conditions have [...]

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Premium Properties Limited – SENS


30 May 2011 posted in Member News

Release Date: 27/05/2011 16:34:01 Code(s): PMM PMM – Premium Properties Limited – Dealing in securities by associate of directors PREMIUM PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) Share code: PMM ISIN: ZAE000009254 (“Premium”) DEALING IN [...]

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Vukile – Change to the Board of Directors


26 May 2011 posted in Member News

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the following information is disclosed: Unitholders are advised that Mr Laurence Rapp has been appointed as executive director and Chief Executive Officer (“CEO”) of Vukile with effect from 1 [...]

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Vukile increases annual distribution by 9%


24 May 2011 posted in Member News

Property Loan Stock company Vukile today reported a 26.2% increase in net profit available for distribution for the full year to 31 March 2011 to R408.1 million and announced a second half distribution of 67.1 cents per linked unit, making [...]

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