Tower Property Fund declares a maiden distribution of 33c for the 6 months ended November 2013.

Wednesday, 11 December 2013 08:12

Volatile bond yields dampen returns on property

JSE's R249bn listed property sector delivers a muted 7.3% total return for the first 11 months of this year, some way off the 17.92% achieved by the All Share index over the same time.

Tuesday, 03 December 2013 08:13

Cape Quarter revitalised and regenerated

The Cape Quarter has experienced rapid regeneration and is set for a bumper festive season, with an exciting line up of events taking place over the coming weeks.

Thursday, 14 November 2013 13:30

Tower Property Fund making steady progress

The Tower Property Fund, which was the first new fund in South Africa to list on the main board of the JSE under the Diversified REITs sector in July, has experienced steady progress during the first quarter following listing.

Spire Property Management has been appointed to manage the entire portfolio of properties within the Tower Property Fund, which listed on the JSE in July as the first fund under the Diversified REITs sector.

Wednesday, 31 July 2013 13:13

Reits tipped to grow in leaps and bounds

THE South African listed property sector continues to grow in leaps and bounds, with four new property companies expected to list on the JSE before the end of this year.

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 makes its debut on the JSE‚ closing at R10 with 126‚120 shares trading.

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

Tower Property Fund will list on the JSE’s main board on July 19.

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