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Accelerate Property Fund Ltd (APFJ.J)

APFJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Accelerate Property Fund announces ‍proposed acquisition of offshore light industrial and logistics property portfolio​
Monday, 20 Nov 2017 

Nov 20 (Reuters) - ACCELERATE PROPERTY FUND LTD ::‍PROPOSED ACQUISITION OF AN OFFSHORE LIGHT INDUSTRIAL AND LOGISTICS PROPERTY PORTFOLIO​.‍ACQUISITION OF 100% OF ISSUED SHARE CAPITAL OF THREE SPECIAL PURPOSE VEHICLES (SPVS) FOR AGGREGATE PURCHASE CONSIDERATION OF EUR 41.9 MILLION.TRANSACTION ‍IS EXPECTED TO BE ACCRETIVE TO APF'S CURRENT FORWARD DISTRIBUTION YIELD​.  Full Article

SA's Competition Tribunal approves Accelerate Property-Laritza deal
Thursday, 4 Aug 2016 

South Africa's Competition Tribunal: Approved proposed merger between Accelerate Property Fund and Laritza in relation to a Western Cape Lifestyle Centre, Eden Meander Lifestyle Centre. Further company coverage: [APFJ.J].  Full Article

SA's competition body says Accelerate Property-Laritza deal not expected to impact competition
Wednesday, 3 Aug 2016 

S.Africa's Competition Tribunal: Commission said it does not expect the deal between Accelerate Property Fund Ltd and Laritza Investments No 183 Ltd to have any competition impact Further company coverage: [APFJ.J] (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Accelerate Property says issues 16.9 mln shares
Monday, 25 Jul 2016 

Accelerate Property Fund Ltd :Shareholders holding 364 million shares or 48.46% elected to receive re-investment alternative, resulting in issue of 16.9 million shares.  Full Article

Accelerate Property Fund says in talks to buy offshore portfolio
Friday, 3 Jun 2016 

Accelerate Property Fund Ltd :Negotiations regarding acquisition of an offshore portfolio, if concluded, may have material impact on share price.  Full Article