Catchwords

Emira proposes acquiring Transcend’s entire share issue with a firm offer

Emira Property Fund (JSE: EMI) has proposed a general offer to Transcend Residential Property Fund shareholders to acquire all the shares in Transcend that Emira doesn’t already own.

13 July 2022

Sakina Nosarka is the new President of South Africa’s shopping centre council

Sakina Nosarka has been appointed President of the South African Council of Shopping Centres (SACSC), bringing over two decades of hands-on experience in the property sector to the role.

4 July 2022

Vukile’s Castellana Properties wins three major awards from the Spanish Shopping Centre Association

Vukile Property Fund (JSE: VKE), the specialist retail REIT invested in South Africa and Spain, has congratulated its Madrid-listed subsidiary, Castellana Properties, for winning two awards and one honourable mention at the closing ceremony of the Spanish Shopping Centre...

20 June 2022

New mixed-use residential neighbourhood Barlow Park to break ground in June 2022

Barlow Park is set to become Sandton’s brand-new residential neighbourhood, providing much-sought-after affordable, top-quality housing right on the doorstep of South Africa’s commercial capital, Sandton Central.

2 June 2022

Fluxmans signs with Growthpoint for Illovo Corner offices

Leading South African law firm Fluxmans has signed a long lease with Growthpoint Properties (JSE: GRT) for a 4,600sqm office in Illovo Corner, Illovo Boulevard, Johannesburg.

1 June 2022

GBCSA relocates to Growthpoint’s River Park offices in Cape Town

Green Building Council South Africa (GBCSA) is moving to new green offices in Cape Town at Growthpoint Properties’ River Park, Mowbray, from 1 June 2022. The GBCSA has taken a three-year lease over some 330sqm of space at the recently refurbished multitenant office build...

25 May 2022

Emira agrees to sell Enyuka shareholding to One in R637 million transaction

Emira Property Fund (JSE: EMI) has, subject to financing conditions precedent normal for this sort of transaction, agreed to sell its entire 49.9% stake in Enyuka Property Holdings, its rural and lower LSM retail property joint venture with One Property Holdings, to its ...

18 May 2022

Emira grows its US investment to a dozen dominant power centres

Emira Property Fund (JSE: EMI) has acquired its twelfth grocery-anchored open-air shopping centre in the USA. Always investing together with its in-country US investment partners, the Rainier Group of Companies, Emira has now invested a further USD18.45m into the equity ...

16 May 2022

Vukile completes R90-million upgrade and extension of Daveyton Mall for its community

Vukile Property Fund (JSE: VKE), the leading retail REIT, has completed the strategic upgrade of Daveyton Mall in the Ekurhuleni Metro, Gauteng, in a project that brings together a vibrant mix of shopping, leisure and community with an R90-million investment in the towns...

5 May 2022

Emira takes transfer of modern Northpoint Industrial midi-unit park in Cape Town

Emira Property Fund (JSE: EMI) has taken transfer of Northpoint Industrial Park, which it acquired for R103 million, funded through recycling capital from the disposal of two older industrial assets. Northpoint transferred to Emira last month (March 2022) after it signed...

28 April 2022