Catchwords

Emira grows dividends off a base of consistent strategic delivery

Emira Property Fund (JSE: EMI) today announced growth in distributable earnings of 3.8% and a 1.0% increase in its cash-backed dividend of 119.79cps for the year to 30 June 2022. Its net asset value per share increased 7.3% during the financial year to 1,628.60cps.

17 August 2022

Growthpoint invests R50 million in solar-charged battery system to power Paarl Mall

Growthpoint Properties (JSE: GRT) is piloting a 4.5MW battery system at Paarl Mall in the Western Cape to store electricity for its continuous, cost-efficient power supply. This is the largest commercial battery installation in South Africa to date, and it will be partly...

16 August 2022

Emira’s Springfield Retail Centre relaunches a year after it is burned by looters

Emira Property Fund (JSE: EMI) has relaunched its Springfield Retail Centre in Durban, KwaZulu-Natal, a year after the centre was damaged by arson in the widespread looting and devastation of July 2021.

4 August 2022

Vukile acquires Pan Africa Shopping Centre and its future extension in a milestone R669 million transaction

Vukile Property Fund (JSE: VKE) has expanded its significant investment in South African township, rural and commuter shopping centres with its agreement to acquire the landmark Pan Africa Shopping Centre in Alexandra Township in Johannesburg, Gauteng, as well as the ass...

29 July 2022

GCR upgrades Vukile’s issuer rating to AA(za)

Vukile Property Fund’s (JSE: VKE) international diversification, proven portfolio strength and proactive balance sheet management have contributed to GCR Ratings upgrading Vukile’s national scale long-term issuer rating to AA(za) and affirming its national scale short-te...

27 July 2022

Atterbury completes sustainable new HQ for Rubicon at Richmond Park

Leading property investor and developer Atterbury has completed an innovative new facility for sustainable technology company Rubicon at Richmond Park in Cape Town.

27 July 2022

Sponsorship renewal a boost for squash in SOUTH AFRICA - Growthpoint Properties helps to create exposure for all levels

Squash in South Africa has received a major boost with the announcement that Growthpoint Properties has renewed its sponsorship of the sport for a further year.

20 July 2022

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

Growthpont extends long-running sponsorship of Tennis SA

Centurion, Pretoria, 4 July 2022 - Extending its long-running support of the sport, across all levels of the game, Growthpoint Properties has renewed its partnership with Tennis South Africa (TSA).

4 July 2022