South African Property Opportunities making capital return
6th Jan 2017 14:35
(ShareCast News) - South African Property Opportunities confirmed on Friday that a return of capital of 7.25p per ordinary share will be paid to shareholders. The company said this "represented the cash proceeds available for distribution from the portfolio realisations to date". The distribution c
Read moreWorsening rand a problem for SAPRO
21st Dec 2015 10:39
(ShareCast News) - The South African rand played a smaller part in South African Property Opportunities' losses for the financial year, but the group still saw asset value decline in its results posted on Monday. SAPRO declared an operating loss of £6.147m for the year ended 30 June, widening from t
Read moreSouth African Property ordered to pay £6m
30th Mar 2011 17:11
South African Property Opportunities (SAPO) has been ordered to pay more than £6m to its investment manager Proteus Property Partners. Proteus claimed that it was owed performance fees and management fees. The High Court has ruled in favour of Proteus in all material respects. SAPO has to pay £5.
Read moreSouth African Property Opportunities Completes Strategic Review
19th Jul 2010 09:36
LONDON (Dow Jones)--South African Property Opportunities PLC (SAPO.LN), said Monday that it has completed the final stage of the strategic review commenced in 2009, and said it expects to implement the strategy with the help of an external manager to replace the current manager, who was given notice
Read more