Sirius also said it had disposed of a light industrial asset in Stoke-on-Trent in the UK for £3m
FNB broker survey shows relocations are motivated by declining levels of service delivery
With this new facility, the company’s third-party debt totals €82.5m across seven loan facilities
The acquisition provides Spear with a strategic opportunity to meaningfully lift its market share within the province
The development near Sandton is expected to deliver 20,000-30,000 housing units
The acquisition represents the first asset in the UK and the fourth asset in total acquired by Sirius so far in 2024
In commercial property warehousing and logistics spaces are a growing trend
The company’s market capitalisation has not grown as anticipated since its JSE listing, DKR says
Reit says the retail group is a potential risk but isn’t closing stores or asking for relief
Judge finds their fear of blocking pedestrians is ‘ill founded’, and orders them to pay costs
Property groups seek to compel provincial government to speed up highway upgrades that are key to multibillion-rand projects in Waterfall City
Business Day TV chats to Growthpoint CEO Norbert Sasse
Property group’s interim profit falls by a third
Business Day TV talks to Attacq CFO Raj Nana
Attacq says the R2.7bn Waterfall City transaction with the Government Employment Pension Fund in 2023 bolstered Attacq’s balance sheet
After the collapse of the dual share structure it has resumed paying dividends to shareholders
Competition Commission approves the transaction without conditions
Funds from accelerated bookbuild will also be used to reduce debt
A R7.5m penalty was imposed, R5m suspended for five years on condition company does not commit similar offences