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SA Corporate Real Estate Fund Managers (Pty) Ltd (SACJ.J)

SACJ.J on Johannesburg Stock Exchange

394.00ZAc
16 Oct 2018
Change (% chg)

6.00 (+1.55%)
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Latest Key Developments (Source: Significant Developments)

SA Corporate Real Estate Fund Managers Reports FY HEPS Of 42.79 Cents​
Tuesday, 27 Feb 2018 10:15am EST 

Feb 27 (Reuters) - SA Corporate Real Estate Fund Managers Pty Ltd ::‍DELIVERED GROWTH IN DISTRIBUTIONS PER SHARE FOR YEAR ENDED DECEMBER 2017 OF 4.4%​.FY HEADLINE EARNINGS PER SHARE OF 42.79 CENTS VERSUS 41.10 CENTS‍​.SA CORPORATE REAL ESTATE FUND MANAGERS - ‍SA CORPORATE'S OBJECTIVE IN 2018 IS TO CONSOLIDATE GROUP'S ASSET BASE AND POSITION ITS PORTFOLIO FOR SUSTAINABLE FUTURE GROWTH​.‍INDEPENDENTLY VALUED PROPERTY PORTFOLIO INCREASED BY R1,8BN (12.0%) TO R16,8BN AS AT DECEMBER 2017​.‍DECLARED DISTRIBUTION OF 22.54 CENTS​.‍FY TOTAL NET PROPERTY INCOME ("NPI") INCREASED BY 13.7%, WITH LIKE-FOR-LIKE INCREASING BY 5.7%​.SA CORPORATE REAL ESTATE FUND MANAGERS PTY - ‍BOARD'S VIEW IS THAT DISTRIBUTION GROWTH WILL BE FLAT FOR 2018 YEAR WITH WEAKER H1 FOLLOWED BY A STRONGER H2.  Full Article

SA Corporate Real Estate Fund says HY distributions per share up 4.4pct
Tuesday, 29 Aug 2017 11:15am EDT 

Aug 29 (Reuters) - Sa Corporate Real Estate Fund Managers Pty Ltd ::DISTRIBUTIONS PER SHARE FOR SIX MONTHS TO JUNE 2017 UP 4.4%. AT 22.38 CPS.  Full Article

SA Corporate Real Estate Fund places 113.2 mln shares
Friday, 30 Jun 2017 01:18am EDT 

June 30 (Reuters) - Sa Corporate Real Estate Fund Managers Ltd :SA Corporate Real Estate Fund Managers Ltd - placed 113.2 million shares, representing 4.68287% of ordinary issued share capital of SA corporate.Says placing was priced at ZAR 5.30 per ordinary share and raised gross proceeds of about ZAR 600 million.  Full Article

SA Corporate Real Estate Fund Managers to raise up to 600 mln rand via placing​
Thursday, 29 Jun 2017 11:09am EDT 

June 29 (Reuters) - SA Corporate Real Estate Fund Managers Ltd ::Intention to conduct placing of new shares, to raise up to 600 million rand of gross proceeds​.Placing is being conducted through an accelerated bookbuild process which will be launched immediately​.‍Only public investors will be eligible to participate​.A division of Absa Bank is acting as sole bookrunner and transaction sponsor in connection with placing​.‍Net proceeds of placing will be utilised by company to fund acquisitions and/or capital expenditure​.‍timing of closing of book will be at absolute discretion of SA corporate​.Details of number of placing shares, placing price will be announced as soon as practicable after bookbuild close​.‍Application will be made for placing shares to be listed on jse with effect from July 5.  Full Article