Texton’s Board of Directors has noted the recent media reports with regards to a bid by Mr Rob Kane, former CEO of Texton to “regain control of the company“. The Board would like to notify shareholders that Texton was not the source of these reports nor was any representative of...
Sirius Real Estate has completed the sale of its Bremen Hag Business Park for €3.8 million. The listed REIT has notarised the sale of its Bremen Dötlinger-Strasse Business Park for €6.3 million, both in line with book value. Bremen Hag is a very large site, located next to the container port in...
Moody’s Investors Service has affirmed the Ba1 corporate family rating of EPP. Jacek Bagiński, CFO of EPP comments; “We are very pleased with Moody’s decision to confirm EPP’s rating. It reflects the strong fundamentals and stable outlook of our business. It also allows us to be confident...
Before we look at what lies ahead, to gain a clearer perspective it is pertinent to review the past year and key macroeconomic and political factors, which have impacted both South Africa’s economic prospects and the performance of the residential property market. After several consecutive years of...
Redefine Properties’ 159 unit Park Central is on track for completion during the second quarter of 2019. The R472 million residential development is situated in one of the city’s most central business districts; Rosebank. It has a wide array of units on sale and it will be one of the...
