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Standard Bank signs USD1.35bn term loan facility
Category Company News
The Standard Bank of South Africa Limited (SBSA) has signed a US$1.35 billion, 36-month term loan facility in London. The transaction was launched in an amou
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Holdsport to expand distribution network
Category Retail Property News
Holdsport, which runs the Sportsmans Warehouse and Outdoor Warehouse stores, is set to develop two new distribution centres over the next 15 months to increa
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Tsogo Sun occupancies for year up 4.5%
Category Hospitality Property News
With national hotel occupancies at 57% for the year, South Africa is still experiencing the dual impact of depressed demand and over supply, gaming and hotel
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Investec Property Fund final distrib. 49.29c
Category Property Fund News
Following an initial distribution of 43.73 cents per linked unit (cpu) Investec Property Fund (IPF) has declared a final distribution of 49.29 cents cpu for
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Dipula Fund achieves forecast distributions
Category Property Fund News
Dipula Income Fund, which was formed in 2011 out of a merger between two majority black-owned property funds - Mergence Africa Property Fund and Dipula Prope
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SA Corporate's managing director resigns
Category Property Fund News
Len van Niekerk has resigned as managing director of SA Corporate Real Estate Fund Managers Limited, with immediate effect.
The South African corporate m
Redefine in value proposition
Category Property Fund News
If you are looking for hard currency income and willing to take a longer-term view, Redefine International is worth a second glance.
The dual-listed (LSE
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10 new Shoprite stores for Nigeria
Category Property Fund News
Property group Resilient, one of SA’s largest owners of platteland malls, has entered into a joint venture with Whitey Basson’s Shoprite to build
Hyprop sells its share in SouthCoast Mall
Category Property Fund News
Hyprop unitholders on Tuesday voted in favour of selling Hyprop's 50% undivided share in Southcoast Mall to Redefine Properties Limited.
The sale is
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Ocean Basket opens 150th restaurant
Category Company News
Ocean Basket on Tuesday announced the opening of its 150'th restaurant - located at Stoneridge Centre, in Edenvale, Gauteng.
"150 restaurants op