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MONEY LAUNDERING IN THE PROPERTY SECTOR

Category Property Fund News

The South African Financial Intelligence Centre ("FIC") has identified numerous instances of criminals using the proceeds of crime to purchase property

Top Property fund Management Company seals R14bn deal to buy Fountainhead's assets

Category Property Fund News

Redefine Properties has secured its takeover of Fountainhead Property Trust's property portfolio.

SA Commercial Prop news

Category Property Fund News

Cape Town grants Tutu's body a leasing property deal.

Redefine acquires Leaf Property fund for 3.7bn

Category Property Fund News

Redefine Properties plans to acquire Leaf Capital and its Western Cape dominated office for about 4.1bn in what could be interpreted as a vote of confidence.

SAPO LEGAL NEWS

Category Property Fund News

SAPO has obtained a legal opinion petaining to the rights of a landlord in the event a commercial tenant is placed in business rescue.

Arrowhead Properties delivers 17.9% growth in distributions.

Category Property Fund News

Arrowhead Properties, the South African JSE listed Real Estate Investment Trust, has declared a distribution of 36,43 cents

Pivotal has potential but its a bit pricey

Category Property Fund News

Pivotal has strong potential to perform well but the current price might not be the best to buy them at.

Santon office owner The Pivotal Fund lists on JSE main board.

Category Property Fund News

Before listing, the fund raised R1bn through an oversubscribed private placement, enabling it to list with a market capitalization of about R5bn.

Acsion downgrades IPO with no private placing.

Category Property Fund News

Property developer Acsion is to go ahead with its listing on the JSE, but it will only be introducing the company's shares and not a private placing.

German focus works for Sirius's AltX bebut.

Category Property Fund News

Sirius Real Estate's listing on the JSE AltX on Friday was well supported with 1.2 million of its shares trading in R3.7m worth of deals on its first day.

 

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