An open letter to landlords – Ocean Basket Group CEO
Ocean Basket Group CEO Grace Harding has written a brief but impassioned open letter to landlords as the restaurant industry feels the strain of continued economic “strife”.
Growthpoint
Growthpoint declines consortium’s offer for LSE-listed Globalworth
Growthpoint announced that it has declined an offer from a consortium of buyers to purchase all the shares in issue of UK-based Globalworth.
Equites Property Fund: Price vs Value
Equites, led by CEO Andrea Taverna-Turisan, produced a stellar set of financials with logistics focused fund vastly outperforming its peers.
Property: Where to be positioned in 2021?
Listed property has underperformed for some time now, but long-term investors know that real estate is cyclical.
Property liquidity crunch as cash-strapped Redefine can’t pay dividends
Redefine, the second largest South African Reit on the JSE, has announced that it would not be paying a dividend for its 2020 year-end.
Growthpoint sees ‘little to no growth’ in SA portfolio
Growthpoint announced 5.9% growth in distributable income to R3.1bn with revenue from the group increasing 4.3% for its half-year to 31 December 2018, representing dividend growth of 4.5% per share for investors.
JSE’s share price is up 25% in the past year. Someone is not paying attention.
The father of disruption theory, Clayton Christensen, explained that those who successfully challenge the status quo start quietly, almost by stealth.
Glencore, Anglo American, FirstRand, Growthpoint: insights from Piet Viljoen
Piet Viljoen has much in common with Sage of Omaha Warren Buffett – which is hardly surprising considering Piet has made a study of Buffett’s investment strategy. He has also made the pilgrimage to the Berkshire Hathaway annual shareholders’ meeting. Like Buffett, Piet has a rare ability to cut through jargon and complexity to explain … Read more
Tiber shareholders take half R6.6bn sale proceeds in Growthpoint shares at R27, a 10% premium
SA’s largest listed property group Growthpoint has been hunting the privately owned Tiber for more than two years. The deal was finally secured this week – with the Tiber shareholders agreeing to take roughly half their R6.6bn in Growthpoint shares priced at R27 – a substantial premium to the current R24,85 share price. That will … Read more