Forest Hill City News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rebosis Property Fund gets nod for R5 billion acquisition

Rebosis Property Fund gets nod for R5 billion acquisition
sacommercialpropnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sacommercialpropnews.co.za Daily Mail and Mail on Sunday newspapers.

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Hemingways tenants nervous as mall sold

Properties belonging to the debt-ridden Rebosis Property Fund Ltd, including East London's Hemingways Mall, have been sold for just more than R7bn.

East londonEastern capeSouth africaDenise mhlangaTed keenanRebosis property fund ltdHemingways mallComment policyPhalani mkhomboFlagship east londonSisa ngebulanaHuur gaat voor koopJacques du toitSteven herringDu toit business rescue practiceQ hemingways mall

Is East London s Hemingways up for sale?

Rent-dodging government tenants have forced legendary property mall developer Sisa Ngebulana's Rebosis property company owner of East London's mega mall Hemingways to the brink of financial collapse.

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WATCH: Uncle Waffles reacts to young fan telling her he loves her and is going to marry her

WATCH: Uncle Waffles reacts to young fan telling her he loves her and is going to marry her
iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.

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Rebosis CEO, Sisa Ngebulana retires on the cusp of growth into the future

After announcing that it will dispose of its portfolio of office assets worth R6.3-billion, the board of directors of Rebosis Property Fund said Sisa Ngebulana – Founder and Chief Executive Officer, is retiring. The disposal of assets will bring down the company loan-to-value (LTV) level and optimise its balance sheet to real estate investment trust standards, closing the curtain for Ngebulana’s three year stint since the board brought him to stabilise the company.

South africaForest hillUnited kingdomEastern capePort elizabethSisa ngebulanaAnna mokgokongOtis tshabalalaProperty fundEuropean union brexitJohannesburg stock exchangeAfrican council of shopping centresConstruction industry development boardTruworths internationalChief executive officerEuropean union