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LATEST NEWS FOR Delta Property Fund Ltd.  

Delta is the dominant sovereign listed property fund in South Africa, is black managed and with its level 2 B-BBEE contributor status is one of the highest empowered funds in the sector. The primary focus of the Fund is long-term investment in qualit... [more info]

Leading women in property: Bronwyn Knight’s gritty African safari

UPDATE
26 Aug 2021 /  Suren Naidoo   1
The CEO of SA-founded – but now Mauritian-based and London-listed – Grit Real Estate Income Group talks about taking the pan-African property company to global investors.

Leading women in property: Motseng boss Ipeleng Mkhari makes her mark

12 Aug 2021 /  Suren Naidoo   1
A former president of the South African Property Owners Association, she has played a pioneering role in the early transformation of the sector.

Delta Property Fund up over 28% after JSE lifts suspension

29 Jul 2021 /  Suren Naidoo   1
The more than seven-month suspension came in the wake of fraud allegations against former executives and the company having to restate its 2020 financial results.

Breaking down property entry barriers for the youth with Monedi Lefakane

24 Jun 2021 /  Suren Naidoo   8
Lefakane co-founded the Youth in Property Association to help drive transformation in SA’s broader property industry.

Delta hopes to have JSE suspension lifted soon

1 Jun 2021 /  Suren Naidoo   2
Publishes latest interim results, but delays full-year results release to end of June.

Delta confirms R1.8bn portfolio devaluation in restated 2020 results

23 Apr 2021 /  Suren Naidoo    3
Scandal-hit Reit says legacy corporate governance failings have effectively been addressed.

JSE suspends Delta Property Fund listing

UPDATE
15 Dec 2020 /  Suren Naidoo   6
After the fund withdrew its 2020 annual financial statements.

Delta’s former execs ‘categorically deny’ any wrongdoing

14 Dec 2020 /  Suren Naidoo   6
Related to a forensic investigation into alleged procurement irregularities and misappropriation of funds.

Market Watcher

10 Dec 2020 /  Nompu Siziba  
Viv Govender – Portfolio manager, Rand Swiss on US stimulus package, the rand, SA's economy, Renergen's vaccine transport solution, MTN on selling Telkom towers and Delta's fraud revelation.

Delta forensic investigation reveals R46m fraud

UPDATE
10 Dec 2020 /  Suren Naidoo   8
Group withdraws 2020 financial statements, share price plunges over 31% on Thursday

Rebosis resolves valuations dispute with auditors

7 Dec 2020 /  Suren Naidoo   4
Restatement of 2019 results ensures clean audit for 2019 and 2020 financial years.

Rebosis delays FY results in hope of an unqualified audit

1 Dec 2020 /  Suren Naidoo   4
As auditor calls for restatement related to part of last year’s financials.

Delta rocked by forensic probe into former executives

4 Nov 2020 /  Suren Naidoo   1
Whistleblower alleges procurement irregularities and misappropriation of funds.

Delta dives over 17% on investigation cautionary

22 Sep 2020 /  Suren Naidoo   5
Announcement thin on detail.

Delta’s founding CEO Sandile Nomvete resigns

UPDATE
25 Aug 2020 /  Suren Naidoo   2
With immediate effect, together with CFO.

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