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Redefine Properties strikes in 'friendly' bid for rest of The Pivotal Fund

Redefine Properties strikes in 'friendly' bid for rest of The Pivotal Fund
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.

South Africa , Andrew Konig , Bowman Gilfillan , Jackie Van Niekerk , Liberty Holdings , Standard Bank , Echo Polska Properties , Pivotal Fund , Real Estate Investment Trust Reit , Hospitality Property Fund , Redefine Properties , Echo Polska , Real Estate Investment Trust , Southern Sun , Alice Lane , Virgin Active South , Arrowhead Propertie , Emira Property Fund ,

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.

Forest Hill , South Africa , Port Elizabeth , Eastern Cape , Kameel Keshav , Tsogo Sun , Keillen Ndlovu , Sisa Ngebulana , Group Pty , Emira Property Fund , Hospitality Property Fund , Rebosis Property Fund , Pivotal Fund , Forest Hill City , Baywest Mall , Billion Group , Property Fund , Arrowhead Propertie , Redefine Properties , Chief Financial Officer , Hill City ,

Rebosis surges over 34% on news of possible rescue deal


MONEYWEB
app instead?
Cautionary announcement fuels speculation that embattled property counter could be delisted and ‘taken private’.
10:28 
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Zunaid Moti, a Joburg car dealership tycoon, is currently the biggest single shareholder in Rebosis Property Fund. Image: Moneyweb
Rebosis Property Fund – the debt-burdened real estate investment trust (Reit) with a sector-high loan-to-value ratio (LTV) of over 75% – saw its share price surge 34.78% on Wednesday, on news of a possible rescue deal being negotiated with unnamed local and foreign investors.
The stock closed at R0.31 per share, which amounted to a gain of just 8 cents per share on the day as it is now regarded as a micro-cap, with a market capitalisation of around R161 million. ....

South Africa , Wayne Mccurrie , Sisa Ngebulana , Ian Anderson , Takeover Regulation Panel , Ngebulana Amatolo Family , Rebosis Property Fund , Zunaid Moti , Amatolo Family Trust , Rebosis Property , Counterpoint Asset Management , Citax Investments , Arrowhead Propertie , ஈயந் ஆண்டர்சன் , கையகப்படுத்தல் ஒழுங்குமுறை குழு , ஜுனைத் மோதி , எதிர் புள்ளி சொத்து மேலாண்மை ,