Landlord says income is increasing as countries reopen for business
It signed a non-binding memorandum of understanding with AFI Europe on Sunday, property group says
Zunaid Moti says he has a plan to cure property fund’s debt headache
Bridge Fund Managers, which owns 20% in the property group, says it needs new leadership to undo value destruction
The group has received concessions from lenders, giving it an additional 18 months of breathing space
The group says it collected 99.8% of what in normally collects in rent in June, and only a few tenants have requested rent deferrals
Vukile Property Fund CEO Laurence Rapp talks to Business Day TV about the company’s latest results
Retail specialist's 52% exposure to the southwestern European country should help as a buffer
This equates to about 90% of the average rent collected in a month
The group is waiting for consultations with the JSE before deciding on a final dividend, and does not expect to declare an interim dividend in 2021
Investment in RDI Reit has soured in recent years and analysts feel Redefine can use the capital elsewhere
GDP will likely almost reach its 2019 level as early as 2021 with good growth potential for 2022, group says
Group braces for fallout from Covid-19 pandemic after pressure from weak economy in six months to end-February
SA’s second-largest property group will sell its student properties Down Under and offload shares in Cromwell
The group will use the part of the proceeds to settle debt
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The group says it has collected 77% of its June rent in SA so far this month
Once a market darling, the UK’s largest shopping mall chain may not survive 2020
The company has granted rental concessions worth nearly R75m to 1,152 SMME tenants across its R11bn SA portfolio
