Pareto on the 2015 BUDGET – Unlisted Property Companies

Pareto welcomes the news of Government’s proposal that unlisted property owning companies should qualify for the same tax treatment as listed REITs (Real Estate Investment Trusts), if they become regulated.

Accelerate Property Fund poised to fly with Fourways set to be the next Sandton

Accelerate Property Fund’s future plans for development are definitely worth taking note of, with Tito Mboweni serving as Chairman on its Board, a pot R468m waiting to be spent on strategic developments and plans to expand Fourways Shopping Centre from 64,000m2 to 175,000m2 this REIT is definitely one to watch.

New property baron Tito Mboweni: Intends turning Fourways into Manhattan of Africa, surpassing Sandton City

Former SA Reserve Bank Governor Tito Mboweni has taken well to business. This morning he ushered in the JSE’s newest listing, Accelerate Property Fund, whose R6bn portfolio is dominated by the Fourways Mall, an enormous development north of Sandton. In this engaging and wide ranging interview, Accelerate chairman Mboweni moves from Nelson Mandela’s turnaround from … Read more