Edition:
India

Investec Property Fund Ltd (IPFJ.J)

IPFJ.J on Johannesburg Stock Exchange

1,459.00ZAc
19 Sep 2019
Change (% chg)

-16.00 (-1.08%)
Prev Close
1,475.00
Open
1,440.00
Day's High
1,459.00
Day's Low
1,440.00
Volume
919,915
Avg. Vol
482,526
52-wk High
1,670.00
52-wk Low
1,342.00

Latest Key Developments (Source: Significant Developments)

Investec Property Fund Announces Sale Of 45 Mln Investec Australia Property Fund Units
Monday, 20 May 2019 

May 20 (Reuters) - Investec Property Fund Ltd ::JSE: IPF - SALE OF 45 MILLION INVESTEC AUSTRALIA PROPERTY FUND UNITS.INVESTEC PROPERTY FUND LTD - PROCEEDS OF SALE WILL BE UTILISED TO FURTHER DELEVER FUND'S BALANCE SHEET AND/OR BE DEPLOYED INTO PAN-EUROPEAN STRATEGY.INVESTEC PROPERTY FUND - OFFER WAS OVERSUBSCRIBED SUCH THAT FUND DISPOSED OF 45 MILLION IAPF UNITS TO INSTITUTIONAL INVESTORS, AT A$1.32 PER UNIT.INVESTEC PROPERTY FUND - DIVIDEND GUIDANCE FOR FINANCIAL YEAR ENDING 31 MARCH 2020, REMAINS UNCHANGED.INVESTEC PROPERTY FUND LTD - FUND WILL RECEIVE GROSS CASH PROCEEDS OF ABOUT A$59.4 MILLION IN RESPECT OF SALE, ON OR ABOUT 27 MAY 2019.  Full Article

Investec Property Fund Says Board Approves Resolution For Financial Assistance To Unit
Monday, 4 Mar 2019 

March 4 (Reuters) - Investec Property Fund Ltd ::BOARD APPROVED A RESOLUTION ON 11 FEBRUARY 2019.RESOLUTION FOR FINANCIAL ASSISTANCE TO UNIT TO SATISFY SOME CONDITIONS OF FINANCE AGREEMENTS.CONFIRMED THAT IT IS SATISFIED THAT AFTER PROVIDING FINANCIAL ASSISTANCE, CO WOULD SATISFY SOLVENCY AND LIQUIDITY TEST.  Full Article

Investec Says Adopted Proactive Engagement Approach With Edcon
Monday, 4 Mar 2019 

March 4 (Reuters) - Investec Property Fund Ltd ::JSE: IPF - EDCON UPDATE.INVESTEC PROPERTY FUND LTD - ADOPTED A PROACTIVE ENGAGEMENT APPROACH WITH EDCON AND WILL BE A PARTICIPATING LANDLORD TO RESTRUCTURE.INVESTEC PROPERTY FUND LTD - SHOULD RESTRUCTURE BECOME EFFECTIVE, FUND WILL RECEIVE REDUCED RENTAL INCOME FROM EDCON FOR A PERIOD OF TWO YEARS.INVESTEC PROPERTY FUND LTD - RESTRUCTURE HAS NO IMPACT ON FUND'S DISTRIBUTION GUIDANCE FOR YEAR ENDING 31 MARCH 2019.INVESTEC PROPERTY FUND-ELECTED TO CONTRIBUTE TO EDCON RESTRUCTURE VIA REDUCED RENTAL OPTION; REDUCTION IN RENTAL INCOME TO BE ABOUT R9.8 MILLION/ANNUM.  Full Article

Investec Property Fund HY HEPS Of 129.07 Cents
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Investec Property Fund Ltd ::HY HEPS 129.07 CENTS.  Full Article

Equites Property Fund To Buy Simba Logistics Facility From Investec Property Fund
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Equites Property Fund Ltd ::EQUITES PROPERTY FUND LTD - ACQUISITION OF SIMBA LOGISTICS FACILITY IN GAUTENG.EQUITES PROPERTY FUND- CONCLUDED AN AGREEMENT TO ACQUIRE A 40 428M² DISTRIBUTION CENTRE LET TO SIMBA PROPRIETARY FROM INVESTEC PROPERTY FUND LIMITED.EQUITES PROPERTY FUND LTD - ACQUISITION OF LOGISTICS FACILITY FOR AN ESTIMATED AGGREGATE PURCHASE CONSIDERATION OF R461 923 200.  Full Article

Investec Property Fund Says Andrew Wooler, Darryl Mayers To Be New Joint CEOs
Friday, 27 Jul 2018 

July 27 (Reuters) - Investec Property Fund Ltd ::NICK RILEY WILL BE STEPPING DOWN AS CEO OF FUND EFFECTIVE 1 DECEMBER 2018.ANDREW WOOLER AND DARRYL MAYERS TO BE NEW JOINT CHIEF EXECUTIVE OFFICERS.NICK WILL REMAIN ON BOARD OF FUND AS A NON-EXECUTIVE DIRECTOR AFTER TAKE UP OF HIS NEW ROLE.  Full Article

Investec Property Fund 8.5% Increase In DPS Year-On-Year In FY
Tuesday, 15 May 2018 

May 15 (Reuters) - Investec Property Fund Ltd ::8.5% INCREASE IN DPS YEAR-ON-YEAR IN FY.6.1% CORE DPS GROWTH IN FY.138.53 CPS FULL YEAR DISTRIBUTION IN FY.FY REVENUE 1.86 BILLION RAND VERSUS 1.78 BILLION RAND.  Full Article

Investec Property Fund Announces Investment In Pan-European Logistics Property Portfolio
Wednesday, 2 May 2018 

May 2 (Reuters) - Investec Property Fund Ltd ::INVESTEC PROPERTY FUND - UNIT REACHED AGREEMENT TO ACQUIRE A 42.9% INTEREST IN A PORTFOLIO OF 22 LOGISTICS PROPERTIES.INVESTEC PROPERTY FUND LTD - ACQUIRED INTEREST IN LOGISTICS PROPERTIES LOCATED ACROSS EUROPE FOR AN INITIAL EQUITY INVESTMENT OF EUR 74.2 MILLION.INVESTEC PROPERTY FUND LTD - WILL BE INVESTING ALONGSIDE FUNDS AND OTHER SEGREGATED MANDATES MANAGED BY ARES MANAGEMENT, L.P. OR ITS AFFILIATE.  Full Article