Tower Property Fund was officially the first new fund in South Africa to list on the main board of the JSE under the Diversified REITs sector when it listed on 19 July 2013.

Tower Property Fund receives good investor support for its capital raise prior to the fund’s listing on the JSE today.

Tower Property Fund, set to list on the JSE under REIT structure, has set a clear strategy of occupancy cost reduction across the board for all the buildings within the fund’s portfolio, with a strong focus on "greening" underpinning the fund.

A new and exciting property fund, Tower Property Fund, is aiming to list on the Johannesburg Stock Exchange under the brand-new REIT structure, in July 2013.

The retailer has developed two new stand-alone retail centres in Chatsworth, KwaZulu-Natal and in Little Falls, Roodepoort, Johannesburg.

More and more, property managers are working hand in hand with asset managers to add value to their clients portfolios – and in some cases this role is being blurred all together - which also brings the issue of the traditional property management fee into question

Spire Property Management recently secured a mandate to manage the national portfolio of Pick ‘n Pay owned retail properties.