Edition:
United States

Accelerate Property Fund Ltd (APFJ.J)

APFJ.J on Johannesburg Stock Exchange

417.00ZAc
14 Nov 2018
Change (% chg)

-13.00 (-3.02%)
Prev Close
430.00
Open
430.00
Day's High
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Day's Low
402.00
Volume
235,909
Avg. Vol
498,726
52-wk High
631.00
52-wk Low
335.00

Latest Key Developments (Source: Significant Developments)

Accelerate Property Fund Says Tito Mboweni Resigns As Chairman
Friday, 12 Oct 2018 07:30am EDT 

Oct 12 (Reuters) - Accelerate Property Fund Ltd ::RESIGNATION OF CHAIRMAN.TITO MBOWENI HAS RESIGNED AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHAIRMAN OF BOARD OF DIRECTORS.GERT CRUYWAGEN, LEAD INDEPENDENT DIRECTOR OF BOARD, HAS BEEN APPOINTED AS TEMPORARY CHAIRMAN OF BOARD.  Full Article

Accelerate Property Fund Drops Plans To Buy A Polish Industrial Portfolio
Monday, 5 Feb 2018 10:15am EST 

Feb 5 (Reuters) - Accelerate Property Fund Ltd ::‍UPDATE ON FOURWAYS MALL REDEVELOPMENT AND PROPOSED ACQUISITION​.‍CONSTRUCTION WORK ON REDEVELOPMENT AND EXPANSION OF FOURWAYS MALL CONTINUES TO PROCEED ACCORDING TO SCHEDULE​.ACCELERATE PROPERTY FUND- ‍SHAREHOLDERS ARE ADVISED COMPANY WILL NO LONGER BE PURSUING PROPOSED ACQUISITION OF A POLISH LIGHT INDUSTRIAL AND LOGISTICS PORTFOLIO MENTIONED ON NOV 20​.  Full Article

Accelerate Property Fund announces ‍proposed acquisition of offshore light industrial and logistics property portfolio​
Monday, 20 Nov 2017 03:11am EST 

Nov 20 (Reuters) - ACCELERATE PROPERTY FUND LTD ::‍PROPOSED ACQUISITION OF AN OFFSHORE LIGHT INDUSTRIAL AND LOGISTICS PROPERTY PORTFOLIO​.‍ACQUISITION OF 100% OF ISSUED SHARE CAPITAL OF THREE SPECIAL PURPOSE VEHICLES (SPVS) FOR AGGREGATE PURCHASE CONSIDERATION OF EUR 41.9 MILLION.TRANSACTION ‍IS EXPECTED TO BE ACCRETIVE TO APF'S CURRENT FORWARD DISTRIBUTION YIELD​.  Full Article

Accelerate Property Fund FY gross rental income rises
Wednesday, 14 Jun 2017 02:00am EDT 

June 14 (Reuters) - Accelerate Property Fund Ltd ::FY gross rental income (excluding straight line rental revenue adjustment) of R1.06 billion for period (2016: R819 million).FY net property expenses of R65.8 million (2016: R47.6 million).FY distribution per share for year of 57.57 cents (2016: 53.67 cents).  Full Article

Accelerate Property Fund makes two strategic acquisitions
Thursday, 16 Mar 2017 11:30am EDT 

Accelerate Property Fund Ltd : Has completed two strategic acquisitions . Accelerate has acquired Two Erven situated in Cape Town Foreshore . Accelerate has acquired an office building situated in Sandton business district in Johannesburg anchored by Citibank .Exploring a number of other investment and development opportunities offshore.  Full Article