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Vukile Property Fund Ltd (VKEJ.J)

VKEJ.J on Johannesburg Stock Exchange

1,935.00ZAc
7:55pm IST
Change (% chg)

7.00 (+0.36%)
Prev Close
1,928.00
Open
1,930.00
Day's High
1,955.00
Day's Low
1,928.00
Volume
428,610
Avg. Vol
1,100,158
52-wk High
2,209.00
52-wk Low
1,749.00

Latest Key Developments (Source: Significant Developments)

S. Africa's Competition Tribunal Approved Merger Involving Vukile Property, Rebosis Property
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - S. Africa's Competition Tribunal::S. AFRICA'S COMPETITION TRIBUNAL- APPROVED MERGER INVOLVING VUKILE PROPERTY, REBOSIS PROPERTY FOR RENTAL ENTERPRISES COMPRISING 3 SHOPPING CENTRES.  Full Article

Vukile Property Acquires Three Shopping Centres From Rebosis Property Fund
Monday, 13 May 2019 

May 13 (Reuters) - Vukile Property Fund Ltd ::ACQUISITION OF THREE SHOPPING CENTRES.PURCHASE CONSIDERATION WILL BE SETTLED IN CASH.PURCHASE CONSIDERATION WILL BE AN AMOUNT DETERMINED BY APPLYING A YIELD OF 9.00% TO FORECAST NET PROPERTY INCOME.IF AGREED OR DETERMINED FORECAST NOI IS LESS THAN R155 MILLION MAY ELECT TO EITHER PURCHASE RENTAL ENTERPRISE FOR R1.72 BILLION.  Full Article

Vukile Announces Results Of Accelerated Bookbuild
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Vukile Property Fund Ltd ::RESULTS OF ACCELERATED BOOKBUILD.HAS CLOSED ITS BOOKBUILD ANNOUNCED EARLIER.VUKILE HAS RAISED C. R700 MILLION BY ISSUANCE OF AN AGGREGATE OF 35 264 483 NEW SHARES AT R19.85 PER SHARE..VUKILE PROPERTY FUND LTD - JAVA CAPITAL ACTED AS SOLE BOOKRUNNER..  Full Article

Vukile Property To Increase Equity Targeted In Raising To 700 Mln Rand
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Vukile Property Fund Ltd ::JSE: VKE - INCREASE IN AMOUNT OF EQUITY CAPITAL RAISING BY ACCELERATED BOOK BUILD.CONFIRMS THAT IT WILL INCREASE AMOUNT OF EQUITY TARGETED IN RAISING TO R700 MILLION .EQUITY RAISE IS BEING OFFERED TO QUALIFYING INVESTORS THROUGH AN ACCELERATED BOOK BUILD PROCESS.  Full Article

Vukile Property To Raise 400 Mln Rand
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Vukile Property Fund Ltd ::JSE: VKE - ACCELERATED BOOKBUILD.VUKILE PROPERTY - PROPOSES AN EQUITY RAISE TARGETING APPROXIMATELY R400 MILLION THROUGH ISSUE OF NEW SHARES.VUKILE PROPERTY - PROCEEDS OF CAPITAL RAISE ARE TO BE DEPLOYED TO FUND ASSET MANAGEMENT OPPORTUNITIES WITHIN PORTFOLIO HELD VIA VUKILE'S SPANISH UNIT.VUKILE PROPERTY - EQUITY RAISE WILL BE IMPLEMENTED THROUGH AN ACCELERATED BOOK BUILD PROCESS.  Full Article

Vukile Property Says Edcon Stores In Co's Portfolio To Decrease By 11 By Aug. 1
Tuesday, 5 Mar 2019 

March 5 (Reuters) - Vukile Property Fund Ltd ::UPDATE ON EDCON RESTRUCTURE.VUKILE IS PARTICIPATING IN PROPOSED RECAPITALISATION AND RESTRUCTURING OF EDCON LIMITED.AGREED TO A R37 MILLION CAPITAL INVESTMENT IN EDCON IN EXCHANGE FOR EQUITY IN RETAILER.VUKILE EXPECTS COMPANY'S EXPOSURE TO EDCON TO ACCOUNT FOR ONLY 2.0% OF VUKILE'S GROUP RENTAL INCOME BY 1 AUGUST 2019.PARTICIPATION IN EDCON RESTRUCTURING WILL NOT IMPACT COMPANY'S DISTRIBUTION GUIDANCE FOR ITS FULL YEAR ENDING 31 MARCH 2019.NUMBER OF EDCON STORES IN CO'S PORTFOLIO SET TO DECREASE BY 11 TO 43 STORES BY 1 AUGUST 2019, WHICH WILL ALSO BE SMALLER ON AVERAGE.  Full Article

Vukile Property Fund reports NAV/Share 2,027 Cents As Of Sept 30
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Vukile Property Fund Ltd ::7.5 PCT INCREASE IN DIVIDENDS IN LINE WITH GUIDANCE TO 78.10 CENTS PER SHARE.NET ASSET VALUE PER SHARE 2 027 CENTS AS OF SEPT 30.  Full Article

Vukile Property Fund Appoints Elton Bosch As CFO
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Vukile Property Fund Ltd ::APPOINTED MR ELTON BOSCH AS CFO DESIGNATE WITH EFFECT FROM 1 SEPTEMBER 2018.MICHAEL POTTS, FINANCIAL DIRECTOR WILL RETIRE AS FINANCIAL DIRECTOR ON 31 MARCH 2019.  Full Article

Vukile Property Fund Ltd Closes Accelerated Bookbuild
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Vukile Property Fund Ltd ::ADVISED THAT VUKILE HAS CLOSED ITS BOOKBUILD ANNOUNCED EARLIER TODAY.AMOUNT OF CAPITAL RAISED WAS R1,630 MILLION THROUGH PLACING OF AN AGGREGATE OF 86.7 MILLION NEW SHARES.JAVA CAPITAL ACTED AS SOLE BOOKRUNNER.BOOK WAS SIGNIFICANTLY OVERSUBSCRIBED.  Full Article

Vukile Property Fund Proposes Equity Raise Of About 1.3 Bln Rand
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Vukile Property Fund Ltd ::PROPOSES AN EQUITY RAISE OF APPROXIMATELY R1,300 MILLION THROUGH ISSUE OF NEW SHARES.  Full Article