Edition:
India

MAS Real Estate Inc (MSPJ.J)

MSPJ.J on Johannesburg Stock Exchange

1,130.00ZAc
11 Aug 2020
Change (% chg)

-- (--)
Prev Close
1,130.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
630,804
52-wk High
2,049.00
52-wk Low
562.00

Latest Key Developments (Source: Significant Developments)

MAS Real Estate To Sell Investment Property In Buchs, Switzerland
Thursday, 9 Jul 2020 

July 9 (Reuters) - MAS Real Estate Inc ::DISPOSAL OF INVESTMENT PROPERTY IN BUCHS, SWITZERLAND.SALE PRICE OF PROPERTY IS CHF 38.5 MILLION (EUR 36.2 MILLION).  Full Article

MAS Real Estate Says Since Virus Outbreak In Italy, See Disruption To Operations
Monday, 16 Mar 2020 

March 16 (Reuters) - MAS Real Estate Inc ::VOLUNTARY ANNOUNCEMENT RELATING TO IMPACT OF COVID-19 PANDEMIC.SINCE OUTBREAK OF COVID-19 CRISIS IN ITALY, MANAGEMENT HAS BEEN ANTICIPATING POTENTIAL DISRUPTION TO CO'S OPERATIONS.CONTINGENCY PLANS MADE IN CASE OF TEMPORARY ENFORCED OPERATIONAL CLOSURES OF INVESTMENT PROPERTIES & CO'S ADMINISTRATIVE OFFICES.GROUP HAS SUFFICIENT LIQUIDITY TO COMFORTABLY MEET ITS FINANCIAL OBLIGATIONS AND TO SEE IT THROUGH PERIOD AHEAD.  Full Article

MAS Real Estate HY Net Headline Gain Per Share Of 6.58 Euro Cents
Monday, 2 Mar 2020 

March 2 (Reuters) - MAS Real Estate Inc ::REVIEWED RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2019 AND CHANGES TO THE BOARD OF DIRECTORS.MAS PLANS TO SELL MAJORITY OF ITS WESTERN EUROPEAN PROPERTIES BY END OF 2020 CALENDAR YEAR..HY NET RENTAL INCOME 30 MILLION EUROS VERSUS 23.8 MILLION EUROS.HY NET HEADLINE GAIN PER SHARE OF 6.58 EURO CENTS.DAN PETRISOR AND JONATHAN KNIGHT HAVE RESIGNED AS EXECUTIVE DIRECTORS OF BOARD OF COMPANY.WILL APPOINT A DEPUTY CEO AND CFO, WHO HAVE NO AFFILIATION TO, OR INTEREST IN, PRIME KAPITAL BY DECEMBER 2021 AT LATEST.BOARD HAS CONCLUDED THAT COMPANY HAS MORE EXECUTIVE DIRECTORS THAN REQUIRED.  Full Article

MAS Real Estate Says Victor Semionov Will Be Appointed As CFO
Wednesday, 20 Nov 2019 

Nov 20 (Reuters) - MAS Real Estate Inc ::MAS REAL ESTATE INC - VICTOR SEMIONOV WILL BE APPOINTED TO ROLE OF CHIEF FINANCIAL OFFICER AND DAN PETRISOR TO THAT OF AN EXECUTIVE DIRECTOR.MAS REAL ESTATE INC - RON SPENCER, WERNER BEHRENS AND PAUL OSBOURN HAVE RESIGNED FROM BOARD OF MAS.MAS REAL ESTATE - APPOINTED WERNER ALBERTS AS INTERIM CHAIRMAN.  Full Article

MAS Real Estate Says Argosy Holds 54.8 Mln Shares In Co
Monday, 28 Oct 2019 

Oct 28 (Reuters) - MAS Real Estate ::AT DATE OF ANNOUNCEMENT, ARGOSY HOLDS 54.8 MILLION SHARES IN MAS (COMPRISING 8.52% OF MAS'S SHARES IN ISSUE).  Full Article

MAS Real Estate Announces Acquisition Of Prime Kapital CEE Property Investment Management
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - MAS Real Estate Inc ::JSE: MSP - ACQUISITION OF PRIME KAPITAL CEE PROPERTY INVESTMENT MANAGEMENT LIMITED AND RELATED INTERESTS.MAS REAL ESTATE - MARTIN SLABBERT AND VICTOR SEMIONOV WILL BE APPOINTED AS CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER OF MAS RESPECTIVELY.MAS REAL ESTATE INC - CONSIDERATION PAYABLE BY MAS TO PK IN TERMS OF TRANSACTION IS 67 MILLION MAS SHARES.  Full Article

MAS Real Estate Signs Memorandum Of Understanding With Prime Kapital
Tuesday, 4 Jun 2019 

June 4 (Reuters) - MAS Real Estate Inc ::STRATEGIC UPDATE, MEMORANDUM OF UNDERSTANDING WITH PRIME KAPITAL AND EXTENSION TO PKM DEVELOPMENTS.WILL RE-DEPLOY CAPITAL CURRENTLY INVESTED IN WESTERN EUROPE TO CEE.ON TRACK TO PAY A DISTRIBUTION PER SHARE OF 8.75 EURO CENTS PER SHARE FOR CURRENT YEAR.THREE YEAR TARGET OF GROWING THIS DISTRIBUTION PER SHARE BY 30% FOR YEAR ENDING 30 JUNE 2022, FROM CURRENT TARGETED LEVEL.MOU WITH PRIME KAPITAL TO ACQUIRE OPTION TO PURCHASE PK'S EFFECTIVE 20% INTEREST IN INVESTMENT JV, PK MANAGEMENT PLATFORM.AGREED TO INCREASE ITS COMMITMENT BY A FURTHER EUR120 MILLION TO FUND JOINT VENTURE PIPELINE.EXCLUSIVITY PERIOD WILL RUN UNTIL MARCH 2025, AND VENTURE UNTIL MARCH 2030.  Full Article

MAS Real Estate To Buy Shopping Centre Located In Germany For Eur 62.55 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - MAS Real Estate Inc ::ACQUISITION OF INVESTMENT PROPERTY IN GERMANY.HAS ENTERED INTO A SALE AND PURCHASE AGREEMENT TO BUY A SHOPPING CENTRE LOCATED IN GERMANY FROM COMMERZBANK AKTIENGESELLSCHAFT.PURCHASE PRICE FOR ACQUISITION IS EUR 62.55 MILLION.PURCHASE PRICE IS TO BE SETTLED IN CASH.COMPLETION OF ACQUISITION IS EXPECTED TO TAKE PLACE NO LATER THAN 31 JANUARY 2019.SEES ACQUISITION TO DELIVER AN INITIAL RETURN ON EQUITY IN EXCESS OF 10% AFTER GEARING WHICH WILL DRIVE CO'S DIRECT INVESTMENT RETURN.  Full Article

MAS Real Estate Says Morné Wilken Tendered His Resignation As CEO
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - MAS Real Estate Inc ::MORNÉ WILKEN HAS TENDERED HIS RESIGNATION AS A DIRECTOR AND CHIEF EXECUTIVE OFFICER.MALCOLM LEVY, CURRENT CFO, WILL ACT AS INTERIM CEO UNTIL PERMANENT REPLACEMENT.  Full Article

No consensus analysis data available.