Thursday, 07 May 2009 02:00

ApexHi quarterly distribution up

ApexHi Properties Limited has announced a combined distribution of 93,15 cents (2008: 85 cents) for the period 1 January 2009 to 31 March 2009, a 9,6% increase on the comparable period in 2008

Tuesday, 07 April 2009 02:00

Redefine merger gets green light

Madison unitholders have voted in favour of the acquisition of the company by Redefine Income Fund.

Thursday, 26 February 2009 02:00

Balance of Ambit unit acquisition on the cards

ApexHi Properties Limited has offered to acquire all the Ambit linked units that it does not already own in a scheme of arrangement with Ambit unit holders

Wednesday, 04 February 2009 02:00

ApexHi distributions up 11%

The total combined distribution for the six months to end December 2008 to 178,50 cents (2007: 161 cents), which reflects growth of 11% for the combined units

Friday, 05 December 2008 02:00

Optimistic outlook for listed property

The listed property sector will continue to see distribution growth next year, albeit at lower levels than in the past few years.

Thursday, 13 November 2008 02:00

ApexHi hopes stake will pave way for takeover

In it's first major acquisition in 15 months, listed property loan stock company ApexHi Properties has bought a 34,85% interest in Ambit Properties for R597,9m.

Wednesday, 12 November 2008 02:00

ApexHi aquires sizable portion of Ambit

ApexHi Properties Limited has acquired a 34,85% stake in Ambit Properties Limited for R597,9-million through the acquisition of 175 856 358 Ambit units

Thursday, 22 May 2008 02:00

Rates rack listed property

Rising interest rates continue to batter the listed property market, with the sector having now lost about 30% of its value since its peak in November.

ApexHi has sold 104 properties for R668 million to Dipula and Mergence, two BEE enterprise development property companies set up by Redefine Income Fund

ApexHi Properties Limited has announced a 20,6% increase in quarterly distributions for the period 1 January 2008 to 31 March 2008, with a combined quarterly distribution of 85 cents (2007: 70,50 cents)

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