Wednesday, 08 July 2015 10:11

Tower Property Funds invests in Croatia

Tower Property Fund has purchased a newly built office tower in Zagreb, Croatia.

Through a creative reshuffle of tenants at the Cape Quarter, Spire Property Management has succeeded in creating additional lettable space within this increasingly popular centre, which is the flagship property in the Tower Property Fund portfolio.

Tower Property Fund announces an equity raising of approximately R300 million through the issue of new shares.

Tower Property Fund acquires Link Hills Shopping Centre in KwaZulu-Natal for R160m 

Tower Property Fund continues to grow, and as part of the funds strategy to acquire well located, quality properties, has recently announced a number of new acquisitions located in strong areas throughout South Africa.

Tower Property Fund Limited concludes R110m acquisition of Evagold Centre.

This flagship property within the Tower Property Funds portfolio recently received an extensive PV solar system installation as part of the funds greening and occupancy cost reduction strategy.

Tower Property says it is pleased with its interim results‚ which have been achieved 'in an increasingly difficult trading environment'.

Tower Property Fund has announced the pending transfer of R480 million worth of properties into the fund's portfolio, with transfer expected to be finalised by the end of April.

Renovation and green retrofit for 382 Jan Smuts Avenue.

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