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JSE-listed real estate investment trust Fairvest continues to move towards becoming a retail-focused fund by recycling out noncore assets, with disposals expected to continue. Fairvest sold four assets for R252.5-million at an average premium to book value of 0.2%, and at an average yield of 11.2%, during the six-month period ended March 31.
The Sultanate of Oman’s caves is attracting tourists and speleologists from all over the world with the onset of winter season. Al Hoota, Al Tahiri, Abu Habban, Al Marnif, and Majlis al Jinn are some of the prominent caves that beckon regular hikers and trekkers.Recently a team of six adventure enthusiasts from Muscat explored Al Tahiri Cave, part of the...
MONEYWEB app instead? Arrowhead makes headway in its solar power rollout JSE-listed property fund welcomes the governmentâs planned easing of licensing regulations around independent or private renewable energy projects. 00:04 The Aviary in Lynnwood Glen, part of Arrowheadâs commercial property portfolio. Image: Supplied The solar power rollout plan by diversified South African real estate investment trust (Reit) Arrowhead Properties to install 10 megawatts (MW) of electricity through on-site solar power plants at its properties is well on track, says COO Riaz Kader. The grou...