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12-Oct-2018
(Official Notice)
Shareholders of Accelerate are advised that Mr Tito Mboweni has resigned as an independent non-executive director and chairman of the board of directors of Accelerate (?Board?) [with effect from 11 October 2018 following his appointment as Finance Minister of South Africa. Mr Mboweni was also Chairman of the Nominations Committee and a member of the Remuneration Committee and Investment Committee. Dr Gert Cruywagen, the lead independent director of the Board, has been appointed as temporary Chairman of the Board until such time as a suitable replacement has been identified. Dr Cruywagen has also been appointed as a member and Chairman of the Nominations Committee and a member of the Remuneration Committee. The board of directors expresses its thanks to Mr Mboweni for his leadership and wise counsel during his tenure as Chairman of the board since June 2013.

27-Sep-2018
(Official Notice)
Shareholders are advised that Accelerate has entered into a share repurchase programme during a closed period in respect of its interim financial reporting period for the six months ending 30 September 2018. The closed period commences on 1 October 2018 and is anticipated to end on 26 November 2018 when the company is scheduled to publish its interim financial results.



The repurchase will be effected in accordance with the Listings Requirements of the JSE Ltd. and the general authority to repurchase shares granted by Accelerate shareholders at the annual general meeting held on 25 July 2018.
20-Sep-2018
(Official Notice)
Shareholders are advised that the directors of Accelerate are holding a pre-close update prior to the Company entering its closed period for the 6 months ending 30 September 2018, and accordingly the investor presentation has been made available on the Company?s website at www.acceleratepf.co.za.
27-Jul-2018
(Official Notice)
Shareholders were advised that TMF Corporate Services (South Africa) (Pty) Ltd. has been replaced by Ms Joanne R Matisonn as Accelerate?s Company Secretary with effect from 1 September 2018.
25-Jul-2018
(Official Notice)
Accelerate shareholders (?shareholders?) are hereby advised that at the annual general meeting of shareholders held at 10h00 on Wednesday, 25 July 2018 (?the AGM?), all of the ordinary and special resolutions contained in the notice of AGM were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the AGM.



B-BBEE Annual Compliance Report

In compliance with paragraph 16.21(g) and Appendix 1 to Section 11 of the Listings Requirements of the JSE Ltd., shareholders are advised that Accelerate?s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment (?B-BBEE?) Act has been submitted to the B-BBEE Commission and is available on the company?s website at http://acceleratepf.co.za/category/press/.
28-Jun-2018
(Official Notice)
Bondholders are advised of the following financial covenant information applicable to the notes listed by the Issuer:

? the Loan to Value Ratio does not exceed 50%;

? the Secured Properties Loan to Value Ratio does not exceed 45%;

? the Interest Cover Ratio shall be greater than 2.0 times; and

? the Secured Properties Interest Cover Ratio shall be greater than 2.0 times.



Accelerate further advised bondholders that testing of the financial covenants for the year- ended, 31 March 2018, has been completed and has been successful passed. The certificate in respect of compliance with same is available for inspection at the registered office of the Issuer, during normal working hours.
20-Jun-2018
(C)
Revenue for the year increased to R1.2 billion (2017: R1.1 billion), operating profit rose to R822.6 million (2017: R739.6 million), profit attributable to shareholders of the parent climbed to R1.1 billion (2017: R898.4 million), while headline earnings per share grew to 49.36 cents per share (2017: 44.05 cents per share).



Dividend

The board of Accelerate declared a final cash distribution of 28.76799 cents per share for the year ended 31 March 2018 (2017: 28.80469 cents per share).
20-Jun-2018
(Official Notice)
Shareholders are advised that the integrated annual report (?Integrated Report?), containing the audited consolidated annual financial statements for the year ended 31 March 2018 and the notice of annual general meeting (?AGM?) is available on the Company?s website at www.acceleratepf.co.za. The summarised audited consolidated annual financial statements and notice of AGM will be distributed to shareholders on Friday 22 June 2018.



No change statement

The Integrated Report contains no modifications to the preliminary financial results that were published on SENS on Wednesday, 20 June 2018 or the independent external auditors report in respect thereof. The annual financial statements were audited by Ernst - Young and their unmodified audit report is available for inspection at Accelerate?s registered office.



Notice of Annual General Meeting

Notice was given that the Company?s AGM will be held at Accelerate?s registered office in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Wednesday, 25 July 2018 at 10:00. The forms of proxy should be lodged with the Transfer Secretaries, Computershare Investor Services Proprietary Limited, by no later than 10:00 on Tuesday, 24 July 2018. The record date for shareholders to participate in and vote at the AGM is Friday, 13 July 2018. Accordingly, the last day to trade to participate in and vote at the AGM is Tuesday, 10 July 2018.
27-Mar-2018
(Official Notice)
Shareholders are advised that the directors of Accelerate are on a pre-close roadshow prior to the Company entering its closed period for the 12 months ending 31 March 2018, and accordingly the investor presentation has been made available on the Company?s website at www.acceleratepf.co.za.
05-Feb-2018
(Official Notice)
Construction work on the redevelopment and expansion of Fourways Mall to a Super Regional centre of approximately 178 000 m2, continues to proceed according to schedule. Key milestones achieved to date include:

? In accordance with the master development plan, focusing on inter alia optimal tenant mix, approximately 91% of the total gross lettable area (?GLA?) has been pre- let. The remaining GLA is under discussion and on track;

? The majority of the approximate R300 million roadworks funded by Fourways Precinct (Pty) Ltd. are complete and the new dual carriageway on Cedar Road has recently opened, significantly improving traffic flow in the area;

? The Witkoppen Road flyover construction is almost complete and ready to link into the Super Regional Mall?s multi-level covered parkade;

? 3 000 new parking bays are already available, with additional bays opening on a regular basis;

? The unique family entertainment offering, differentiating the Mall, increasing dwell time and expanding the Mall?s catchment area includes the existing flagship Bounce offering of 4 500 m2 as well as the new 1 350m2 Fun Company that opened in December 2017. The internationally renowned 8 500m2 KidZania children?s edutainment offering is also on track to open in December 2018; and

? The revamped food court and entertainment section is approximately 95% let.



Proposed acquisition

On 20 November 2017 the Company advised Shareholders of a potential acquisition of a Polish light industrial and logistics portfolio. Shareholders are advised the Company will no longer be pursuing the Proposed Acquisition.



The Board is of the view that the Company?s current equity price does not fairly reflect the underlying value of the Company. Management remain focused on the following key priorities:

? Active asset management of its property portfolio;

? Balance sheet optimisation including the reduction of gearing; and

? The Fourways Mall Redevelopment.
20-Nov-2017
(Official Notice)
Bondholders are advised that the interim results (?the interims?) of the Issuer for the period ended 30 September 2017 are available for inspection at the Issuer?s registered office. The interims of the Issuer have also been made available on their website at www.acceleratepf.co.za/investor- centre/financials/. Further to the above, bondholders are hereby advised that there have been no restatements to the previously published financial statements for the preceding period.
20-Nov-2017
(C)
Revenue for the interim period rose to R633.2 million (R514.1 million) whilst operating profit grew to R437.5 million (R349.2 million). Profit attributable to shareholders shot up to R318.8 million (R194.2 million). In addition, headline earnings per share jumped to 32.26 cents per share (22.65 cents per share).



Distribution

The board of Accelerate has declared a final cash distribution (number 8) ("Cash Distribution") of 28.77713 cents per ordinary share (28.76627 cents per ordinary share) for the period ended 30 September 2017.
20-Nov-2017
(Official Notice)
26-Sep-2017
(Official Notice)
Accelerate shareholders are advised that an investor update and Fourways Nodal report, prior to the company entering into its closed period in relation to its interim results for the six months ending 30 September 2017, are available on the company?s website www.acceleratepf.co.za.
21-Jul-2017
(Official Notice)
Accelerate shareholders (?shareholders?) are hereby advised that at the annual general meeting of shareholders held at 10h00 on Friday, 21 July 2017 (?the AGM?), all of the ordinary and special resolutions contained in the notice of AGM were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the AGM, save for ordinary resolution number 7 ?general authority to issue shares for cash? which was withdrawn immediately prior to the commencement of the AGM.
21-Jun-2017
(Official Notice)
In its financial results for the year ended 31 March 2017 announced on Wednesday, 14 June 2017, Accelerate advised its shareholders that Accelerate intended offering shareholders a share re-investment alternative in terms of which a shareholder would be entitled to elect to receive the final dividend of 28.80469 cents per share ('Cash Dividend') for the period 1 October 2016 to 31 March 2017, in return for APF shares ('DRIP').



Shareholders are advised that Accelerate has decided not to proceed with the DRIP. Accordingly, shareholders are advised that they will only be able to receive their dividend in cash.



The salient dates in respect of the Cash Dividend remain unchanged from those set out in the results announcement.
20-Jun-2017
(Official Notice)
Shareholders are advised that the integrated annual report (?Integrated Report?), containing the audited consolidated annual financial statements for the year ended 31 March 2017, and the notice of annual general meeting (?AGM?) has been distributed and is available on the company?s website at www.acceleratepf.co.za.



No change statement

The audited consolidated annual financial statements, on which Ernst - Young Inc. expressed an unmodified opinion, as contained in the Integrated Report are unchanged from the reviewed preliminary financial results that were published on SENS on Wednesday, 14 June 2017.



Notice of Annual General Meeting

Notice is hereby given that the Company?s AGM will be held at Accelerate?s registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Friday, 21 July 2017 at 10:00.



The forms of proxy should be lodged with the Transfer Secretaries, Computershare Investor Services (Pty) Ltd., by no later than 10:00 on Thursday, 20 July 2017.



The record date for shareholders to participate in and vote at the AGM is Friday, 7 July 2017. Accordingly, the last day to trade to participate in and vote at the AGM is Tuesday, 4 July 2017.
19-Jun-2017
(Official Notice)
Bondholders are advised that Accelerate?s Annual Report (?the AR?) for the year ended 31 March 2017 is available for inspection at the Issuer?s registered office. The AR has also been made available on the Issuer?s website at www.acceleratepf.co.za/investor-relations/integrated-annual-report
14-Jun-2017
(C)
Revenue for the year increased to R1.1 billion (2016: R886.8 million). Operating profit jumped to R739.6 million (2016: R623 million), while total comprehensive income attributable to equity holders was higher at R898.4 million (2016: R805 million). Furthermore, headline earnings per share fell to 44.05 cents per share (2016: 56.27 cents per share).



Final distribution

The board of Accelerate has declared a final cash distribution (number seven) ("Cash Distribution") of 28.80469 cents per ordinary share (2016: 27.05277 cents per ordinary share) for the year ended 31 March 2017.



Annual general meeting

The company's annual general meeting ("AGM") will be held at Accelerate's registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Friday, 21 July 2017 at 10h00. Further details on the company's AGM will be included in Accelerate's integrated annual report to be posted to shareholders on or before 19 June 2017. A PDF of the integrated annual report and notice of AGM will be available to download at www.acceleratepf.co.za on the same day of distribution.



16-Mar-2017
(Official Notice)
Accelerate announces that it has completed two strategic acquisitions, further details of which are set out below (?the Acquisitions?).



The Acquisitions are consistent with Accelerate?s strategy of building a quality property portfolio in strategic nodes that offers long-term distribution and capital growth underpinned by strong underlying contractual cash flows.



Information relating to acquisitions

Accelerate has acquired two erven situated in the Cape Town Foreshore. The erven consist of a building and an 11,230m2 parking lot adjacent to the building (?Murray - Roberts Acquisition?).



The building has a 5,470m2 gross lettable area (?GLA?) and is currently 100% occupied by Murray - Roberts Holdings, Trudon (Pty) Ltd. and Unitrans Motors (Pty) Ltd.



The properties comprising the Murray - Roberts Acquisition are located adjacent to other properties Accelerate currently owns in the Cape Town Foreshore ? being Oceana House, Thomas Pattullo, 101 Hertzog Boulevard, and the Mustek building ? and therefore enhances Accelerate?s position in this strategic node. There is significant development potential for this precinct which Accelerate intends unlocking.



In addition, Accelerate has acquired an office building situated in the Sandton business district in Johannesburg anchored by Citibank (Johannesburg Branch) (?Citibank Acquisition?).



The Citibank Acquisition has a 12 433m2 GLA, with a 8.41 year weighted average lease expiry, underpinned by a 10 year lease with Citibank.



The Citibank Acquisition represents a further step in Accelerate?s strategy to acquire properties situated around key transport nodes. The property is situated within 300 metres from the Sandton Gautrain station, a transport node that has become a catalyst for development given the ease in which its commuters are able to travel to and from their place of work.



Neither the Murray - Roberts acquisition nor the Citibank Acquisition are categorisable in terms of the Listings Requirements of the JSE Limited and the announcement of these Acquisitions are made for information purposes.



Further information relating to the Acquisitions is available on the Accelerate website.



Other opportunities

Accelerate is exploring a number of other investment and development opportunities offshore. As and when appropriate, further announcements will be made in this regard



15-Mar-2017
(Official Notice)
Shareholders are advised that Mr John Doidge, an independent non-executive director of Accelerate since 1 June 2013, has been appointed as a member of the Audit and Risk Committee with effect from 1 April 2017.



Following the above appointment, the Audit and Risk Committee will comprise of:

- Mr Tim Fearnhead (Chairman)

- Dr Gert Cruywagen

- Ms Kolosa Madikizela

- Mr John Doidge
08-Dec-2016
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 24 October 2016 and 11 November 2016 respectively, relating to the acquisition of an offshore portfolio (?Proposed Transaction?) and Accelerate?s intention to implement an equity raise via a private placement (?Private Placement?) to be issued in terms of a vendor consideration placing.



Accelerate is pleased to announce that all conditions precedent relating to the Proposed Transaction have been fulfilled, with the exception of administrative conditions precedent to the draw-down of the Euro debt facility, which are expected to be completed by the closing date. Accordingly the effective date for completion of the Proposed Transaction and transfer of ownership of the properties is expected to be on or about 19 December 2016.



Pursuant to the above, Accelerate has successfully concluded the Private Placement through the issue of 125 million shares at R6.10 per share, to shareholders that irrevocably committed to subscribe for such new shares in the Private Placement following the announcement on 11 November 2016. The Private Placement was oversubscribed. Authorisation has been received from the JSE for the listing of the 125 million new Accelerate shares in the ?Financial services ? Diversified Real Estate Investment Trust? sector of the official lists under the share code ?APF?, with effect from the commencement of trade on the JSE on Thursday 8 December 2016.
28-Nov-2016
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 8 November 2016 and 15 November 2016 relating to the declaration and finalisation of a cash distribution for the six months ended 30 September 2016 of 28.76627 cents (?Cash Distribution?) per Accelerate share and the dividend re-investment alternative (?Share Re- investment Alternative?).



Shareholders holding 9 549 839 Accelerate shares or 1.18% of Accelerate?s issued shares qualifying to receive the distribution elected to receive the Share Re-investment Alternative, resulting in the issue of 428 582 new ordinary shares of no par value and the retention of R2 743 425 (based on the issue price of R6.40 for the new shares) in new equity for Accelerate. Accordingly, a Cash Distribution of R229 851 791 is payable in respect of 779 032 307 Accelerate shares.
22-Nov-2016
(Official Notice)
Accelerate shareholders (?Accelerate Shareholders?) are referred to the announcement published on the stock exchange news service (?SENS?) of the JSE Ltd. (?JSE?) on 25 October 2016, regarding the posting of a circular (?Circular?) including a notice of general meeting (?General Meeting?) of Accelerate Shareholders and are hereby advised that at the General Meeting held today, Tuesday, 22 November 2016, the ordinary and special resolutions contained in the notice of General Meeting, were passed by the requisite majority of votes of Accelerate Shareholders present in person or represented by proxy at the General Meeting.
15-Nov-2016
(Official Notice)
Further to the announcement of the declaration of the cash dividend (?Cash Dividend?) and dividend re-investment alternative (?Share Re-Investment Alternative?) included in the Company?s results for the six months ended 30 September 2016 (?Results Announcement?) released on the Stock Exchange New Service (?SENS?) of the JSE on Tuesday, 8 November 2016 and in the press on Wednesday, 9 November 2016, the price applicable to the shareholders of Accelerate (?Shareholders?) electing the Share Re-Investment Alternative and recorded in the register on Friday, 25 November 2016 (?Record Date?), is R6.40 (?Re-Investment Price?).



Re-Investment Price

Accelerate shareholders (?Shareholders?) are referred to the announcement released by the Company on SENS as well as the circular posted to Shareholders on Monday, 24 October 2016, which contained details regarding the acquisition of an offshore property portfolio (?Offshore Portfolio Acquisition?).



The Re-Investment Price of R6.40 represents an estimated 8.5% discount to Accelerate?s net asset value per share after the Offshore Portfolio Acquisition and reflects an implied 12-month forward yield of approximately 9.7%, from the projected issue date, after taking into account the impact of the Offshore Portfolio Acquisition. The Re-Investment Price represents a discount of 0.8% to the closing price of R6.45, on Monday, 14 November 2016.



* New shares issued per 100 shares : 4.49473
11-Nov-2016
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the announcement released by the Company on the Stock Exchange News Service of the JSE Ltd. as well as the circular posted to Shareholders, both on Monday, 24 October 2016, which contained details regarding the acquisition of an offshore property portfolio (?Offshore Portfolio Acquisition?).



Accelerate announced its intention to implement an equity raise via a private placement (?Private Placement?) for the issue of up to 125 million new Accelerate shares at an issue price in the range of R6.10 to R6.50 per Accelerate share, to be issued in terms of a vendor consideration placing. The pricing range represents an estimated 7.1 ? 12.9% discount to Accelerate?s net asset value per share after the Offshore Portfolio Acquisition and reflects an implied 12-month forward yield of approximately 9.7%% to 10.3%, from the projected issue date, after taking into account the impact of the Offshore Portfolio Acquisition. Accelerate expects growth in distributions of between 7% - 8% for the financial years ending 31 March 2017 and 31 March 2018 before taking into account the expected accretionary impact of the Offshore Portfolio Acquisition on distributions for the same periods.



The Private Placement is subject to the requisite approval being obtained by shareholders to place the required shares under the control of Accelerate directors at the general meeting to be held on 22 November 2016.



Given recent exchange rate volatility, Accelerate will be looking to secure irrevocable commitments to participate in the Private Placement at a predetermined price by Friday, 18 November 2016.



The Private Placement will open during or after the week beginning 28 November 2016, and the company reserves the right to close it at any time. The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with existing shares.



Investec Bank Ltd. are acting as sole bookrunner.
08-Nov-2016
(C)
Revenue for the interim period jumped to R514.1 million (R455.7 million). Operating profit rose to R349.2 million (R319.8 million). Total comprehensive income attributable to equity holders lowered to R194.2 million (R211.6 million). Furthermore, headline earnings per share decreased to 22.65 cents per share (29.74 cents per share).



Final distribution with an election to reinvest cash distribution for shares

The board of Accelerate has declared a final cash distribution (number 6) (cash distribution) of 28.76627 cents per ordinary share (2015: 26.61692 cents per ordinary share) for the period ended 30 September 2016.



Shareholders will be entitled to elect to reinvest the Cash Distribution of 28.76627 cents per share after the deduction of the applicable dividend tax, in return for shares (share re-investment alternative"), failing which they will receive the net cash distribution in respect of all or part of their shareholding.



Prospects and investment pipeline

Acquisition of Eden Meander in George

Eden Meander Lifestyle Centre in George was transferred to Accelerate at the beginning of October 2016. The centre was acquired for a purchase price of R365 million at a yield of 9.1%. The centre is currently 97% let. The site also has bulk of 10 000 m2 which Accelerate will only pay for after three years from the transfer of the property.



The Fourways development

The Fourways Mall redevelopment is now well underway having commenced in the third quarter of 2015. Approximately 90 000 m2 of retail space will be added to the existing Fourways Mall with a projected completion date of 2018. The development is being done outside of Accelerate by a related party to Accelerate. As a result Accelerate does not hold any development risk. Upon completion of the development Accelerate will own 50% of the approximately 170 000 m2 super-regional shopping centre. Phase 1 of the development including a new food court anchored by a flagship "Bounce store" will be completed within the next month.
25-Oct-2016
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the announcement released by the Company on the Stock Exchange News Service of the JSE Ltd. (?SENS?) on Monday, 24 October 2016 regarding the acquisition of an offshore property portfolio. Shareholders are hereby advised that a circular containing, inter alia, details of the acquisition, a notice of general meeting of Shareholders (?General Meeting?), and forms of proxy was posted to Shareholders and is available on Accelerate?s website at www.acceleratepf.co.za/investor-centre/circulars/ (the ?Circular?).



Notice of General Meeting

Notice is hereby given that a General Meeting of the Shareholders will be held at Accelerate?s registered office at 10:00 on Tuesday, 22 November 2016, at Cedar Square Shopping Centre, Management\Office, 1st Floor, Corner Willow Avenue and Cedar Road, Fourways.
24-Oct-2016
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the most recent cautionary announcement dated 11 October 2016 in terms of which Shareholders were advised that negotiations relating to the acquisition of an offshore portfolio were ongoing. Accelerate is pleased to announce the conclusion of a pre-agreement with the applicable companies that form part of the Supernova Privatstiftung group (?Vendor?) wherein it was agreed that the applicable Accelerate group entity (under incorporation) will enter into binding transaction agreements (?Transaction Agreements?) with the Vendor (the timing of which is imminent). In terms of the Transaction Agreements Accelerate will acquire a portfolio of 9 well located retail warehouse properties tenanted by OBI GmbH - Co. Deutschland KG?s (?OBI?) applicable subsidiaries (6 properties in Austria and 3 in Slovakia) (?Initial Portfolio?) for an aggregate acquisition value of EUR82.1 million (?Purchase Consideration?) at a blended acquisition yield of 7.0% based on contractual rentals (the ?Transaction?). OBI is the largest specialist do-it-yourself (?DIY?) retailer in Central and Eastern Europe (?CEE?) with total revenues of over EUR4 376 million and EBITDA of over EUR265 million.



Conditions precedent

The Transaction is subject to the fulfilment of, inter alia, the following conditions:

- all regulatory approvals required for the implementation of the Transaction;

- local bank financing being finalised on terms acceptable to Accelerate Europe;

- the successful completion of a final confirmatory due diligence by Accelerate Europe;

- the conclusion of service agreements with the current property manager of the Initial Portfolio; and

- other necessary consents and approvals customary for a Transaction of this nature.



Withdrawal of cautionary

Following the release of this announcement, the cautionary announcements published on the Stock Exchange News Service of the JSE, the most recent being on 11 October 2016, are withdrawn and caution is no longer required to be exercised by shareholders when dealing in their Accelerate shares.
11-Oct-2016
(Official Notice)
Further to the cautionary announcement dated 30 August 2016, shareholders are hereby advised that negotiations regarding the acquisition of an offshore portfolio which, if successfully concluded, may have a material impact on the price at which Accelerate shares trade on the JSE Limited, remain ongoing. Accordingly, shareholders are advised to continue exercising caution when dealing in Accelerate shares until a further announcement in this regard is made.

30-Aug-2016
(Official Notice)
Further to the cautionary announcement dated 18 July 2016, shareholders are hereby advised that negotiations regarding the acquisition of an offshore portfolio which, if successfully concluded, may have a material impact on the price at which Accelerate shares trade on the JSE Limited, remain ongoing. Accordingly, shareholders are advised to continue exercising caution when dealing in Accelerate shares until a further announcement in this regard is made.

29-Jul-2016
(Official Notice)
Accelerate Shareholders (?Shareholders?) are hereby advised that at the annual general meeting of Shareholders held at 10h00 on Thursday, 28 July 2016 (?the AGM?), all of the ordinary and special resolutions contained in the notice of AGM, forming part of the 2015 Accelerate, Annual Report, were passed by the requisite majority of votes of Shareholders present in person or represented by proxy at the AGM.



Details of the results of voting at the AGM are as follows:

*Total number of issued ordinary shares (?Shares?): 817 444 008

*Total number of issued Shares net of treasury shares: 817 444 008 (?AGM Total Votable Shares?)

*Total number of issued Shares which were voted in person or represented by proxy: 798 205 097 Shares, being 97.65% of the total issued Shares and 100% of the AGM Total Votable Shares. The total number of shares voted at the AGM, excluding abstained Shares which are not considered to be voted shares, amounted to 798 205 097 Shares (?Voted Shares?)

28-Jul-2016
(Official Notice)
This announcement is published in accordance with paragraph 3.59 of the Listings Requirements of the JSE Ltd.



Shareholders are advised of the termination of services of iThemba Governance and Statutory Services (Pty) Ltd. as company secretary of the company and the appointment of TMF Corporate Services (South Africa) (Pty) Ltd., represented by Joanne Matisonn, with effect from 1 August 2016.





25-Jul-2016
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 27 June 2016 and 12 July 2016 relating to the declaration and finalisation of a cash distribution for the six months ended 31 March 2016 of 27.05277 cents (?Cash Distribution?) per Accelerate share and the dividend re-investment alternative (?Share Re-investment Alternative?).



Shareholders holding 364 042 220 Accelerate shares or 48.46% of Accelerate?s issued shares qualifying to receive the distribution elected to receive the Share Re-investment Alternative, resulting in the issue of 16 784 593 new ordinary shares of no par value and the retention of R98 358 783.56 (based on the discounted issue price of R5.86 for the new shares net of dividend withholding tax) in new equity for Accelerate. Accordingly, a Cash Distribution of R104 735 187.26 is payable today in respect of 387 151 435 Accelerate shares.



Dividend cheques in respect of certificated shareholders who elected to receive the Cash Distribution were posted today and share certificates in respect of certificated shareholders who elected the Share Re-investment Alternative will be posted on Wednesday, 27 July 2016, to such certificated shareholders at their risk. The Central Securities Depository Participants (?CSDP?) or broker custody accounts in respect of dematerialised shareholders who elected to receive the Cash Distribution will be credited today and the CSDP or broker custody accounts in respect of dematerialised shareholders who elected the Share Re-investment Alternative will be credited with their new shares on Wednesday, 27 July 2016, in line with the settlement dates as indicated in the aforementioned SENS announcements.
18-Jul-2016
(Official Notice)
Further to the cautionary announcements dated 20 April 2016 and 3 June 2016, shareholders are hereby advised that negotiations regarding the off-market acquisition of an offshore portfolio of properties (?Initial Portfolio?) which, if successfully concluded, may have a material impact on the price at which Accelerate shares trade on the JSE Ltd., remain ongoing.



The Initial Portfolio acquisition is in line with the investment strategy for Europe announced on 20 April 2016, to establish a subsidiary that will focus on the acquisition, management and development of single tenant net leased properties that are strategic to blue-chip multinational or large regional tenants in Central and Eastern Europe.



The investment strategy complements Accelerate?s defensive focus in South Africa on quality retail and strategic nodes/properties with Accelerate?s investment objectives to:

- Provide exposure only to blue-chip investment grade tenants in countries that are core to them and countries with established domestic industry demonstrated by high gross fixed capital formation, domestic/private consumption, GDP/capita, above average GDP growth and wage growth;

- Acquire and develop real estate that other international institutional investors want to own;

- Utilise geographic and tenant diversification and low leverage to mitigate portfolio risk;

- Deliver superior risk weighted income returns and demonstrateable long term capital growth.



Following conclusion of stage one due diligence on the Initial Portfolio and recent developments in Europe, the Initial Portfolio has been down sized to ??81 million (from ??140 million announced on 20 April 2016). The transaction remains subject to normal conditions precedent for a transaction of this nature including inter alia a second stage due diligence and final transaction agreements being entered into. Accordingly, shareholders are advised to continue exercising caution when dealing in Accelerate shares until a further announcement in this regard is made
12-Jul-2016
(Official Notice)
29-Jun-2016
(Official Notice)
Bondholders are advised that Accelerate?s Annual Report for the period ended 31 March 2016 (?The AR?) is available for inspection at the company?s registered office. The Annual Report is also available on Accelerate?s website at http://acceleratepf.co.za/investor- relations/integrated-annual-report/



28-Jun-2016
(Media Comment)
Business Day reported that Accelerate Property Fund's portfolio has grown by 24% annually to March. The R8.4 billion growth is due to the company's strong investment activity. Growth was mainly attributed to a R850 million portfolio acquisition from KPMG. The number of properties in Accelerate's portfolio grew from 52 to 62. The company's distributions have grown more than its competitors and the company has focused on boosting rental income, recoveries and reducing tenant turnover. The company began revamping Fourways Mall towards the end of 2015. The mall will benefit from the infrastructural developments in the area which are set to establish Fourways as a new CBD.
28-Jun-2016
(Official Notice)
The company hereby informs shareholders that the integrated annual report (?Annual Report?), containing the audited consolidated annual financial statements for the year ended 31 March 2016 and the notice of annual general meeting (?AGM?), was distributed to shareholders on 28 June 2016 and has been made available on the company?s website www.acceleratepf.co.za.



No change statement

Shareholders are also advised that the audited consolidated annual financial statements as contained in the Annual Report are unchanged from the reviewed preliminary financial results that were published on the Stock Exchange News Service (?SENS?) of the JSE Ltd. on 27 June 2016.



Notice of AGM

The company?s AGM will be held at Accelerate?s registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Thursday, 28 July 2016 at 10:00.
27-Jun-2016
(C)
Revenue for the year increased to R886.8 million (2015: R748.8 million). Operating profit jumped to R623 million (2015: R506.7 million), while total comprehensive income attributable to equity holders was higher at R805 million (2015: R741 million). Furthermore, headline earnings per share grew to 56.27 cents per share (2015: 52.81 cents per share).



Final distribution with option to reinvest as shares

The board of Accelerate has declared a final cash distribution (number 5) ("Cash Distribution") of 27.05277 cents per ordinary share (2015: 25.21490 cents per ordinary share) for the year ended 31 March 2016. Shareholders will be entitled to elect to reinvest the Cash Distribution of 27.05277 cents per share after the deduction of the applicable dividend tax, in return for shares ("Share Re-investment Alternative"), failing which they will receive the net Cash Distribution in respect of all or part of their shareholding.



Annual general meeting

The company's annual general meeting ("AGM") will be held at Accelerate's registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Tuesday, 28 July 2016 at 10h00 (time). Further details on the company's AGM will be included in Accelerate's integrated annual report to be posted to shareholders on or before 28 June 2016. A PDF of the integrated annual report and notice of AGM will be available to download at www.acceleratepf.co.za on the same day of distribution.
03-Jun-2016
(Official Notice)
Further to the cautionary announcement dated 20 April 2016, shareholders are hereby advised that negotiations regarding the acquisition of an offshore portfolio which, if successfully concluded, may have a material impact on the price at which Accelerate shares trade on the JSE, remain ongoing. Accordingly, shareholders are advised to continue exercising caution when dealing in Accelerate shares until a further announcement in this regard is made.
06-May-2016
(Official Notice)
20-Apr-2016
(Official Notice)
28-Jan-2016
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the detailed terms announcement released on the Stock Exchange News Service of the JSE Limited on 29 June 2015 in which they were advised that the company had entered into an agreement with Fourways Precinct Proprietary Limited and Azrapart Proprietary Limited in respect of the early exercise of the company?s development option over the Fourways Mall (?the Transaction?).



At the General Meeting (?GM?) of Shareholders held today, 28 January 2016, all the ordinary and special resolutions (?Resolutions?) necessary to authorise the Transaction were duly passed, without amendment, by the requisite majority of votes. Further details of the Resolutions can be found in the circular posted to Shareholders on 18 December 2015 (?the Circular?).



As noted in the circular, Mr. MN Georgiou is the Chief Executive Officer of Accelerate and is an indirect 36.4% Shareholder (through Fourways Precinct Proprietary Limited and Michael Family Trust). In the interests of good corporate governance, Mr MN Georgiou and his associates did not vote on the Resolutions proposed at the GM.





18-Dec-2015
(Official Notice)
14-Dec-2015
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 18 November 2015 and 27 November 2015 relating to the declaration and finalisation of a cash distribution for the six months ended 30 September 2015 of 26.61692 cents (?Cash Distribution?) per Accelerate share and the dividend reinvestment alternative (?Share Reinvestment Alternative?).



Shareholders holding 23,920,290 Accelerate shares or 3.24% of Accelerate?s issued shares qualifying to receive the dividend elected to receive the Share Reinvestment Alternative, resulting in the issue of 994,755 new ordinary shares of no par value and the retention of R6,366,434.11 (based on the discounted issue price of R6.40 for the new shares net of dividend withholding tax) in new equity for Accelerate. Accordingly, a Cash Distribution of R185,993,727.06 is payable today in respect of 714,740,760 Accelerate shares.



The Central Securities Depository Participants (?CSDP?) or broker custody accounts in respect of dematerialised shareholders who elected to receive the Cash Distribution will be credited today and the CSDP or broker custody accounts in respect of dematerialised shareholders who elected the Share Reinvestment Alternative will be credited with their new shares on Thursday, 17 December 2015, in line with the adjusted settlement dates as indicated in the aforementioned SENS announcements.



09-Dec-2015
(Official Notice)
Shareholders are referred to the announcement dated 20 November 2014 in terms of which shareholders were advised that Accelerate had agreed terms with relevant vendors for the Property Acquisitions.



*Defined terms in the 20 November announcement apply similarly to this announcement.



Shareholders are accordingly provided with the following updates in relation to the Property Acquisitions:

* 3 properties that formed part of Portfolio 1 have been transferred to Accelerate and 15 962 251 Accelerate ordinary shares have been issued to the Portfolio 1 vendors;

* Mr. Georgiou and the Portfolio 1 vendors have entered into a voting pool agreement and will vote as a block; and

* As a result of the issue of shares to the Portfolio 1 vendors, the shares under the control of the voting pool will increase to 36.4% and, accordingly, there is no change in control of Accelerate.
30-Nov-2015
(Official Notice)
Bondholders are advised that the interim financial results for the period ended September 2015 are available for inspection at the Company?s registered office. The interim results are also available on Accelerate?s website at http://www.acceleratepf.co.za/wp- content/uploads/Accelerate%20SENS.PDF
27-Nov-2015
(Official Notice)
19-Nov-2015
(Official Notice)
Shareholders are advised that the content of the announcement issued on SENS on 17 November 2015 contains certain errors on the salient dates relating to the cash distribution and share re-investment alternative (?Distribution?).



Shareholders are advised that the correct salient dates in respect of the Distribution are set out below:

*Circular and form of election posted to shareholders Tuesday, 24 November 2015

*Announcement of share re-investment alternative issue price and finalisation information Friday, 27 November 2015

*Last day to trade (?LDT?) cum dividendFriday, 4 December 2015

*Shares to trade ex-dividend Monday, 7 December 2015

*Listing of maximum possible number of share re-investment alternative shares commences on the JSE Wednesday, 9 December 2015

*Last day to elect to receive the share re-investment alternative (no late forms of election will be accepted) by 12:00 (South African time)Friday, 11 December 2015

*Record date Friday, 11 December 2015

*Announcement of results of cash dividend and share re-investment alternative on SENSMonday, 14 December 2015

*Cheques posted to certificated shareholders and accounts credited by CSDP or broker to dematerialised shareholders electing the cash alternative on or about Monday, 14 December 2015

*Share certificates posted to certificated shareholders and accounts credited by CSDP or broker to dematerialised shareholders electing the share re-investment alternative on or aboutThursday, 17 December 2015

*Adjustment to shares listed on or aboutFriday, 18 December 2015

17-Nov-2015
(C)
Revenue for the interim period increased to R455.7 million (2014: R344.9 million). Operating profit rose to R319.8 million (2014: R231.6 million), while profit after taxation attributable to equity holders increased to R211.6 million (2014: R135.5 million). Furthermore, headline earnings per share came in at 30.00cps (2014: 25.43cps).



Distribution

The board of Accelerate has declared an interim cash distribution (number 4) ("Cash Distribution") of 26.61692 cents per ordinary share (2014: 23.99368 cents per ordinary share) for the period ended 30 September 2015.



Prospects and investment pipeline

On 20 August 2015 Accelerate entered into a purchase agreement with Old Mutual Life Assurance Company (South Africa) Ltd. ("OMLACSA") to acquire floors 9 to 19 of the prominent 5 star green rated Portside building in Cape Town for a total purchase consideration of R 840 million. This transaction is in progress and is expected to be finalised early in the New Year. For further information on the acquisition please refer to the announcement released on the Stock Exchange News Service a ("SENS") on 24 August 2015.



The six properties detailed in the announcement released on SENS on 20 November 2014 relating to the Noor transaction are in the process of being transferred to the fund. Several of the properties are situated in Charles Crescent, one of Accelerate's strategic nodes. This transaction is yield enhancing and also holds a long term strategic development goal for Accelerate. The total purchase consideration for these properties is R 468 million and will be settled partly in cash and partly through the issuance of shares to the vendor on transfer. The blended yield of the properties acquired is 9%.



Accelerate remains focused and committed to enhancing the quality of its property portfolio and improving yields to investors by growing the fund in a well thought out and considered manner always keeping returns to investors front of mind.
14-Oct-2015
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the announcement released on SENS on Monday, 5 October 2015 which detailed the results of the general meeting of Shareholders held on Monday, 5 October 2015 (?General Meeting?). The aforementioned announcement on SENS stated that, inter alia, 100% of the votes of independent Shareholders, present in person or represented by proxy at the General Meeting, were cast in favour of the waiver of the requirement for a mandatory offer by the associated entities, being the Trustees for the time being of Michael Family Trust ("MFT") and Fourways Precinct (Pty) Ltd. ("Fourways Precinct?) as defined in the circular to Shareholders dated Friday, 4 September 2015 ("Circular"), in terms of regulation 86(4) of the Companies Regulations, 2011 ("Regulations").



In accordance with the Takeover Regulation Panel's (?TRP?) guideline 2/2011 concerning waivers of mandatory offers ("TRP Guideline"), application has subsequently been made to the TRP for an exemption from the obligation of Fourways Precinct and MFT to make a mandatory offer to the remaining Shareholders.



Shareholders were advised in the Circular that any Shareholder who wished to make representations relating to the waiver had 15 business days from the date of posting of the Circular to make such representations to the TRP. Any such representations would be taken into account before the TRP would consider its ruling.



The TRP has granted the application and has ruled that (i) Fourways Precinct and MFT are exempted from the obligation to make a mandatory offer at R6.53 per share in terms of section 123 of the Companies Act, 71 of 2008, to the remaining Shareholders; and (ii) no representations were made by any Shareholders in respect of the waiver.



In terms of the TRP Guideline, Shareholders are hereby informed that they may request the Takeover Special Committee to review the TRP's ruling within five business days of this announcement. Representations should be made in writing and delivered by hand, posted or faxed.



In order to be considered, the representations should reach the TRP by no later than the close of business on Tuesday, 20 October 2015. After expiry of the aforesaid five business day period, the TRP waiver proceedings shall be regarded as completed.
05-Oct-2015
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the announcement published on the Stock Exchange News Service of the JSE Limited on 04 September 2015, regarding the posting of a circular and notice of general meeting of Shareholders (?General Meeting?), and are hereby advised that, at the General Meeting held on Monday, 05 October 2015, the special and ordinary resolutions contained in the notice of General Meeting, were passed by the requisite majority of votes of Shareholders present in person or represented by proxy at the General Meeting.

10-Sep-2015
(Official Notice)
Accelerate shareholders are referred to the announcement released on the Stock Exchange News Service on 29 June 2015 in which they were advised of the proposed extension of the Fourways Mall Shopping Centre, by the development of additional retail space (?Combined Letting Enterprise?), as well as the Company?s proposed early-exercise of an existing option to acquire that number of undivided shares as to ensure a 50% holding in the Combined Letting Enterprise.



Shareholders are advised that the Company has received an extension from the Johannesburg Stock Exchange (?JSE?) to the 60 day rule in terms of Section 11 of the JSE Listings Requirements. The required circular is in the process of being approved by the JSE and will be posted to shareholders in due course.
07-Sep-2015
(Official Notice)
Shareholders are advised that KPMG Services (Pty) Ltd.?s appointment as Sponsor on the JSE to Accelerate has been terminated with effect from 7 September 2015. The Standard Bank of South Africa Ltd. has been appointed as Sponsor to the Company, effective 7 September 2015.
04-Sep-2015
(Official Notice)
24-Aug-2015
(Official Notice)
Shareholders are hereby advised that Accelerate has entered into a binding agreement (?Agreement?) with Old Mutual Life Assurance Company (South Africa) Limited (?OMLACSA?) to acquire the letting enterprise conducted in certain sectional title units in the sectional title scheme known as Portside (?the Acquisition?).



OMLACSA and FirstRand Bank Limited (?FirstRand?) are the owners of sectional title units in the sectional title scheme known as Portside in respect of the land and building situated on Erf 170319 Cape Town ("Portside Building"). OMLACSA is the owner of and conducts a letting enterprise (the "Letting Enterprise") on sectional title units numbered 1, 3 to 9 (both inclusive) and 13 to 22 (both inclusive) situated on the lower ground floor 3, upper ground floor 4 and floors 9 to 19 in the Portside Building having:

*27,158 square meters of rentable office space;

*742 square meters of rentable retail space; and

*686 parking bays, (collectively, the ?Sale Property?).



The Acquisition is subject to the fulfillment of the following suspensive conditions:

*Accelerate providing OMLACSA with written confirmation that it has obtained funding for the Acquisition;

*Accelerate obtains board approval for the Acquisition;

*OMLACSA obtains the requisite internal approval for the Acquisition;

*Competition Authorities? approval; and

*FirstRand waiving its right of refusal to purchase the Sale Property, other than either or both of the FirstRand Floors, as the case may be.



The Accelerate Board believes that the Acquisition further enhances Accelerate?s underlying portfolio in a manner that is consistent with Accelerate?s investment strategy to build a quality portfolio, and diversifying the funds exposure to a strategic office node in Cape Town, with strong growth potential.

31-Jul-2015
(Official Notice)
Accelerate announced that it has successfully closed its accelerated bookbuild offering of new Accelerate shares (the ?Offering?).



In light of strong demand, the capital raising was increased to R500 million. 76 569 678 new shares were placed with qualifying investors at a price of R6.53 per share. The issue price represents a discount of 5% to the 30-day volume weighted average price of Accelerate shares as at 30 July 2015.



Subject to approval by the JSE Ltd., listing and trading of 61 255 743 new shares is expected to commence at 09h00 on Friday, 7 August 2015.



The issue of the remaining 15 313 935 shares to Fourways Precinct (Pty) Ltd. will be subject to shareholder approval in terms of section 41(1) of the Companies Act, 2008 (Act 71 of 2008) as amended.



Rand Merchant Bank, (a division of FirstRand Bank Ltd.) and Investec Bank Ltd., are acting as joint bookrunners for the Offering (?the Bookrunners?).
30-Jul-2015
(Official Notice)
30-Jul-2015
(Official Notice)
The board of directors of Accelerate announced that the Company has been added to the FTSE/JSE SA Listed Property Index (J253) with effect from 3 August 2015.



The FTSE/JSE SA Listed Property Index (J253) comprises the top 20 liquid companies, by full market capitalization, in the Real Estate Investment - Services Sector and the Real Estate Investment Trusts Sector, with a primary listing on the JSE.
29-Jul-2015
(Official Notice)
Bondholders are advised that Accelerate received the requisite consent from bondholders to the proposed amendments to the Terms and Conditions of APF01 and APF02.



As such, the Amended and Restated Applicable Pricing Supplements of APF01 and APF02 have been formally approved by the JSE and are available on Accelerate?s website at www.acceleratepf.co.za.
28-Jul-2015
(Official Notice)
Accelerate Shareholders (Shareholders) are hereby advised that at the annual general meeting of Shareholders held at 10h00 on Monday, 27 July 2015 (the AGM), all of the ordinary and special resolutions contained in the notice of AGM, forming part of the 2015 Accelerate, Annual Report, were passed by the requisite majority of votes of Shareholders present in person or represented by proxy at the AGM.



Details of the results of voting at the AGM are as follows:

*Total number of issued ordinary shares (Shares): 691 423 255

*Total number of issued Shares net of treasury shares: 691 423 255 (AGM Total Votable Shares)

*Total number of issued Shares which were voted in person or represented by proxy: 650 010 674 Shares, being 94% of the total issued Shares and 94% of the AGM Total Votable Shares. The total number of shares voted at the AGM, excluding abstained Shares which are not considered to be voted shares, amounted to 649 343 154 Shares (Voted Shares)

22-Jul-2015
(Official Notice)
Bondholders are advised that Accelerate?s Annual Report for the period ended 31 March 2015 (?The AR?) is available for inspection at the company?s registered office. The Annual Report is also available on Accelerate?s website at http://acceleratepf.co.za/investor-relations/integrated-annual- report/
20-Jul-2015
(Official Notice)
Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 22 June 2015 and 3 July 2015 relating to the declaration and finalisation of a cash distribution for the six months ended 31 March 2015 of 25.21490 cents (?Cash Distribution?) per Accelerate share and the dividend reinvestment alternative (?Share Reinvestment Alternative?).



Shareholders holding 143 086 133 Accelerate shares or 22.34% of Accelerate?s issued shares qualifying to receive the dividend elected to receive the Share Reinvestment Alternative, resulting in the issue of 5 585 285 new ordinary shares of no par value and the retention of R36 025 076.98 (based on the discounted issue price of R6.45 for the new shares net of dividend withholding tax) in new equity for Accelerate. Accordingly, a Cash Distribution of R125 385 361.15 is payable in respect of 497 266 938 Accelerate shares.



Dividend cheques in respect of certificated shareholders who elected to receive the Cash Distribution were posted today and share certificates in respect of certificated shareholders who elected the Share Reinvestment Alternative will be posted on Wednesday, 22 July 2015, to such certificated shareholders at their risk. The Central Securities Depository Participants (?CSDP?) or broker custody accounts in respect of dematerialised shareholders who elected to receive the Cash Distribution will be credited today and the CSDP or broker custody accounts in respect of dematerialised shareholders who elected the Share Reinvestment Alternative will be credited with their new shares on Wednesday, 22 July 2015, in line with the adjusted settlement dates as indicated in the aforementioned SENS announcements.
03-Jul-2015
(Official Notice)
29-Jun-2015
(Official Notice)
26-Jun-2015
(Official Notice)
Pursuant to paragraph 3.21 of the Listings Requirements of the JSE Ltd. ("JSE"), the company hereby informs shareholders that the integrated annual report (?Annual Report?), containing the audited consolidated annual financial statements for the year ended 31 March 2015 and the notice of annual general meeting (?AGM?), was distributed to shareholders on Friday, 26 June 2015 and has been made available on the company?s website www.acceleratepf.co.za.



Shareholders are advised that the audited consolidated annual financial statements as contained in the Annual Report are unchanged from the reviewed preliminary financial results that were published on the Stock Exchange News Service of the JSE on Monday, 22 June 2015.



Notice of AGM



The company?s AGM will be held at Accelerate?s registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Monday, 27 July 2015 at 10:00.
22-Jun-2015
(Official Notice)
Accelerate shareholders are advised that a presentation on the Company?s reviewed condensed financial results for the year ended 31 March 2015 will be made available on Company's website www.acceleratepf.co.za during the course of today, 22 June 2015.

22-Jun-2015
(Official Notice)
Shareholders are referred to Accelerate?s Pre-listing Statement, dated 27 November 2013, in which it was stated that Accelerate had entered into an agreement with Fourways Precinct Propriety Limited (?Fourways Precinct?) to develop approximately an additional 90 000m? of retail space adding to the existing Fourways Mall Shopping Centre (?the Development?) in order to convert the current Fourways Mall into a super-regional shopping centre of c. 170 000m? under one roof (?the Agreement?).



As part of the Development, Fourways Precinct will undertake fundamental infrastructure and traffic upgrades to significantly improve access to the Fourways Mall Shopping Centre at the cost of Fourways Precinct, which will have significant benefits for the Fourways Mall Shopping Centre and surrounding Accelerate properties.



In terms of the Agreement, following completion of the Development, Accelerate and Fourways Precinct will each own an undivided share in Fourways Mall, including the Development (?Combined Letting Enterprises?), and either party will have an option to acquire further undivided shares from the other in order to ensure equal ownership in the aforementioned redeveloped mall based on a capitalisation rate of 7% (?the Option?).



The ultimate ownership of the Combined Letting Enterprises is dependent upon the revenue contribution of each of Accelerate and Fourways Precinct. It is anticipated that the relative split between the parties on completion of the Development will be 60:40 in favour of Fourways Precinct. Shareholders are hereby advised that Accelerate is currently engaged in advanced negotiations with Fourways Precinct, and its associated entities, regarding the early exercise of the Option in order to equalize ownership, at an amended acquisition capitalisation rate of 8% for a super-regional shopping centre.



Cautionary

Accelerate believes that, if concluded, the early exercise of the Option may have a material impact on the price of the Company?s securities. Shareholders are therefore advised to exercise caution when dealing in their Accelerate securities until a further announcement in this regard is made.
22-Jun-2015
(C)
Revenue for the year jumped to R748.8 million (221.3 million). Operating profit multiplied to R506.7 million (R147.3 million). Profit after tax attributable to equity holders rose to R741.0 million (R552.8 million). In addition, headline earnings per share increased to 54.65 cents per share (50.59 cents per share).



Final distribution with an election to reinvest cash distribution for share

The board of Accelerate has declared a final cash distribution (number 3) (?Cash Distribution?) of 25,21490 cents per ordinary share (2014: 13,77289 cents per ordinary share) for the year ended 31 March 2015.



Shareholders will be entitled to elect to reinvest the Cash Distribution of 25,21490 cents per share after the deduction of the applicable dividend tax, in return for shares (?Share Re-investment Alternative?), failing which they will receive the net Cash Distribution in respect of all or part of their shareholding.



Outlook

Accelerate is well positioned to create shareholder value by being a participant in the major development in the Fourways area, making the most of opportunities to acquire properties, and ensuring properties are well managed and maintained, thereby ensuring sustainable returns to its shareholders.
19-Jun-2015
(Official Notice)
The board of directors of Accelerate are pleased to announce the appointment of Mr A Costa, the chief operating officer of the Company, as a member of the remuneration committee, with effect from 19 June 2015.
05-Jun-2015
(Official Notice)
Accelerate shareholders (?Shareholders?) are referred to the announcement published on SENS on 05 May 2015, regarding the posting of a circular (?Circular?) and notice of general meeting of Shareholders (?General Meeting?), and are hereby advised that, at the General Meeting held on Friday, 05 June 2015, the ordinary resolution contained in the notice of General Meeting, was passed by the requisite majority of votes of Shareholders present in person or represented by proxy at the General Meeting.
14-May-2015
(Official Notice)
Accelerate shareholders are referred to the SENS announcement dated 16 February 2015, wherein Accelerate shareholders were advised that Accelerate had entered into an agreement with the shareholders of Wanooka and PCP to acquire the entire issued ordinary share capital of PCP and 30% of the issued ordinary share capital of Wanooka, representing the remaining shares in Wanooka not already owned by PCP (?the Acquisitions?).



The Acquisitions were subject to the fulfilment of the following conditions precedent:

* South African Competition Authorities? approval;

* The leases with Wanooka becoming effective on the terms as set out in the SENS of 16 February 2015; and

* There being no material adverse changes between the date of signature of the Acquisition agreements and the closing date of the Acquisitions.



Fulfilment of conditions precedent

The Accelerate board of directors is pleased to announce that the outstanding conditions precedent to the Acquisitions, have been fulfilled and accordingly the Acquisition is now unconditional.
05-May-2015
(Official Notice)
10-Mar-2015
(Official Notice)
On 10 March 2015 Global Credit Ratings affirmed its initial national scale senior unsecured ratings assigned to Accelerate of BBB+(ZA) and A2(ZA) in the long and short term respectively. The outlook was accorded as Stable.



This affirmation follows Accelerate?s announcement in October 2014 that it successfully entered the debt capital markets with the completion of its debut senior secured commercial paper issuance off a newly established R5 billion Domestic Medium Term Note Programme registered with the JSE.



The full report published by Global Credit Ratings is available on Accelerate?s website (www.acceleratepf.co.za).
16-Feb-2015
(Official Notice)
Further to the cautionary announcement released on the Stock Exchange News Service on 9 February 2015, shareholders are advised that Accelerate has entered into an agreement to acquire the entire issued ordinary share capital of Parktown Crescent Properties Proprietary Limited (?PCP?) (?PCP Shares?) and 30% of the issued ordinary share capital of Wanooka Properties Proprietary Limited (?Wanooka?) (?Wanooka Shares?), representing the remaining shares in Wanooka not already owned by PCP (?the Acquisitions?).



Background to the Acquisitions

PCP and Wanooka are owned by certain of the directors and ex-directors of KPMG Inc. and certain of the directors and ex-directors of KPMG Services Proprietary Limited (?KPMG Services?) (collectively, ?the Sellers?) and were established as property holding companies for 6 properties currently tenanted by KPMG Inc. and KPMG Services (?the KPMG Properties?) across various centers in South Africa as set out in the table in paragraph below.



The Acquisitions are subject to the fulfillment of the following conditions precedent:

*South African Competition Authorities? approval;

*The leases with Wanooka becoming effective on the terms set out in above; and

*There being no material adverse changes between the date of signature of the Acquisition agreements and the Effective Date.



Withdrawal of cautionary

As the terms of the Acquisitions have been announced, caution is no longer required to be exercised by shareholders when dealing in their Accelerate shares.



Conclusion

The Accelerate board believes that the Acquisitions further enhances Accelerate?s underlying portfolio in a manner that is consistent with Accelerate?s investment strategy to build a quality portfolio, whilst still retaining a strong retail bias.

09-Feb-2015
(Official Notice)
Shareholders are advised that Accelerate has entered into discussions which, if concluded, may have a material impact on its share price. Accordingly, shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made in this regard.
23-Jan-2015
(Official Notice)
Accelerate shareholders are referred to the announcement published on SENS on 15 December 2014, regarding the posting of a circular (?Circular?) and notice of general meeting of Shareholders (?General Meeting?), and were advised that at the General Meeting held on Friday, 23 January 2015, all of the ordinary resolutions contained in the notice of General Meeting, forming part of the Circular, were passed by the requisite majority of votes of Shareholders present in person or represented by proxy at the General Meeting.
15-Dec-2014
(Official Notice)
Posting of circular and notice of general meeting



Accelerate shareholders (?Shareholders?) are referred to the announcement released by Accelerate on SENS on Thursday, 20 November 2014 and published in the press on Friday, 21 November 2014 regarding the acquisition by Accelerate of Portfolio 1 and the Shoprite Letting Enterprise from various vendors (?the Property Acquisitions?).



In order for Accelerate to pursue the implementation of the Property Acquisitions, Shareholders are required to place a sufficient number of Accelerate shares under the control of the Accelerate directors (?the Directors?) to be issued pursuant to Accelerate settling any consideration payable in terms of the Property Acquisitions. Shareholders are accordingly notified that a circular to place Accelerate shares under the control of the Directors has been posted to Shareholders today, 15 December 2014 containing, inter alia:

*details of the Property Acquisitions;

*a notice convening the general meeting of the Accelerate Shareholders (?General Meeting?); and

*a form of proxy to vote at the General Meeting (for use only by Certificated Accelerate Shareholders and Own-name Dematerialised Accelerate Shareholders).



The General Meeting will be held at Cedar Square Shopping Centre, Management Office, 1st Floor, Corner Willow Avenue and Cedar Road, Fourways on Friday, 23 January 2015 at 10:00 to consider and, if deemed fit, pass, with or without modification, the resolutions necessary to implement the Property Acquisitions.



Important dates and times

The important dates and times in relation to the General Meeting are set out below:



*Notice record date, being the date on which Accelerate Shareholders must be registered in the Securities Register in order to be entitled to receive the Circular Friday: 5 December 2014

*Circular and notice of General Meeting posted to Accelerate Shareholders on Monday, 15 December 2014

*Last day to trade in Accelerate Shares in order to be entitled to attend, participate in and vote at the General Meeting: Friday, 9 January 2015

*Record date to be eligible to attend and vote at the General Meeting: Friday, 16 January 2015

*Last day for lodging forms of proxy for General Meeting by 10:00 on Thursday, 22 January 2015

*General meeting of Accelerate Shareholders at 10:00 on Friday, 23 January 2015

*Announcement of results of General Meeting released on SENS on Friday, 23 January 2015
20-Nov-2014
(Official Notice)
20-Nov-2014
(C)
Revenue for the interim period increased to R344.9 million (2013: R221.3 million). Operating profit rose to R231.6 million (2013: R147.3 million), while profit after taxation attributable to equity holders plummeted to R135.5 million (2013: R552.8 million). Furthermore, headline earnings per share weakened to 25.43cps (2013: 50.59cps).



Distribution

Accelerate declared a cash distribution (number 2) of 23.99368cps for the six month period ended 30 September 2014



Outlook

Accelerate is well positioned to create shareholder value by being a participant in the major development in the Fourways area, making the most of opportunities to acquire properties, and ensuring properties are well managed and maintained, thereby ensuring sustainable returns to its shareholders.
26-Sep-2014
(Official Notice)
Accelerate shareholders are advised that owing to the nature of the business conducted by Accelerate, being that of a property company (with REIT status), the board of directors of Accelerate has decided to adopt the "distribution per share" performance measure for future trading statement purposes.
17-Sep-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS regarding the secondary offering of 27 344 829 Accelerate ordinary shares (the "Offer Shares"), made by the Michael Family Trust to qualifying institutional investors only (the "Offer"). Shareholders are advised that the accelerated bookbuild has closed and the Offer was more than two- times over-subscribed. All of the Offer Shares have been successfully placed at a price of R5.50, for total consideration of R150 396 560. The Offer will settle on Thursday, 25 September 2014.



Dealing in shares by an associate of a director

Michael Georgiou, the chief executive officer of Accelerate, is a trustee and beneficiary of the Michael Family Trust. The Michael Family Trust is considered to be an an associate of Michael Georgiou. The off-market sale of 27 344 829 Offer Shares by the Michael Family Trust is classified as a dealing in securities by an associate of a director in terms of section 3.63 of the Listings Requirements of the JSE Limited. This sale will decrease the Michael Family Trust's beneficial interest in the Company to 40 924 783 Accelerate Shares, representing 6.1% of the total number of Accelerate Shares in issue. The Michael Family Trust together with Fourways Precinct (Pty) Ltd., solely owned by Michael Georgiou, will in aggregate continue to hold 256 063 772 shares, representing 38.3% of the total number of Accelerate shares in issue.
17-Sep-2014
(Official Notice)
Shareholders are referred to the announcement released on SENS regarding the issue and allotment of new Accelerate ordinary shares to the Michael Family Trust in terms of a conditional deferred payment. The Michael Family Trust is launching an accelerated bookbuild offering of up to 27 344 829 Accelerate ordinary shares (the "Offer Shares") to qualifying institutional investors only (the "Offer"). The Offer Shares represent approximately 4.1% of the total number of Accelerate shares in issue. The Offer Shares are being offered at an initial price range of R5.50 to R5.65.



The proceeds from the sale of the Offer Shares are to be utilised by the Michael Family Trust to facilitate, inter alia, the development of an additional 90 000m? of retail space at the Fourways Mall Shopping Centre, which is owned by Accelerate. After the Offer, the Michael Family Trust will continue to hold 40 924 783 shares, representing 6.1% of the total number of Accelerate shares in issue. The Michael Family Trust together with Fourways Precinct (Pty) Ltd, solely owned by Michael Georgiou, will in aggregate continue to hold 256 063 772 shares, representing 38.3% of the total number of Accelerate shares in issue.



The book for the Offering will open with immediate effect and is expected to close on 17 September 2014. Pricing and allocations will be announced as soon as practicable following the closing of the book.
17-Sep-2014
(Official Notice)
29-Jul-2014
(Official Notice)
Shareholders are advised that at the first annual general meeting of shareholders held on Tuesday, 29 July 2014, all of the ordinary resolutions and special resolutions as set out in the notice of annual general meeting, as amended, were passed by the requisite majority of shareholders, with the exception of ordinary resolution number 7, relating to the general but restricted authority to issue shares for cash.
23-Jul-2014
(Official Notice)
Shareholders are referred to the announcements published on SENS on 23 June 2014 and 30 June 2014, which included details of the company's first annual general meeting, scheduled to be held at Accelerate's registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1 st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Tuesday, 29 July 2014 at 10:00 ("AGM").



On 30 June 2014 and 03 July 2014, respectively, the company distributed a notice of AGM ("Notice") and an addendum thereto ("Addendum"), which set out the matters to be considered and, if deemed fit, the adoption, with or without modification, of the shareholder special and ordinary resolutions as contained in the Notice and Addendum, at the AGM.



Shareholders are advised that ordinary resolution number 5, placing the unissued authorised ordinary shares ("shares") of the company under the control of the directors, has been modified as follows:

* limiting such authority to allot and issue new shares in respect of vendor settlements only;

* the number of shares that may in be issued, in aggregate in any one financial year, is limited to 10% of the total number of shares in issue at the beginning of each financial year; and

* the maximum discount permitted, in respect of vendor settlements, will be 5% of the weighted average traded price of the shares in question, measured over the 30 business days prior to the date of each issue of new shares or the 30 business days prior to the date the directors resolve to issue such new shares.



The date, time and location of the AGM remain unchanged.
03-Jul-2014
(Official Notice)
Shareholders are referred to the announcements published on SENS on Monday, 23 June 2014 and Monday, 30 June 2014, which included details of the company's first annual general meeting, scheduled to be held at Accprop's registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Tuesday, 29 July 2014 at 10:00 ("AGM").



On 30 June 2014, the company distributed a notice of AGM ("Notice"), which set out the matters to be considered and, if deemed fit, the adoption, with or without modification, of the shareholder special and ordinary resolutions as contained in the Notice, at the AGM.



Shareholders are advised that an addendum to the Notice ("Addendum") was distributed to shareholders on 03 July 2014, which Addendum contains a modification of Special Resolution Number two relating to the provision of financial assistance as contemplated under section 44 and 45 of the Companies Act, 71 of 2008, as amended. The date, time and location of the AGM remain unchanged.
30-Jun-2014
(Official Notice)
The company informed shareholders that the integrated annual report ("Annual Report") containing, the audited consolidated annual financial statements for the year ended 31 March 2014 and the notice of annual general meeting ("AGM") was distributed to shareholders on Monday, 30 June 2014.



No change statement

Shareholders are advised that the audited consolidated annual financial statements as contained in the Annual Report are unchanged from the reviewed preliminary financial results that were published on SENS on Monday, 23 June 2014.



Notice of AGM

The company's first AGM will be held at Accprop's registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Tuesday, 29 July 2014 at 10:00.
23-Jun-2014
(C)
The following results are the company's maiden results as a listed company. Revenue was R221.3 million and an operating profit of R147.3 million was recorded. Total comprehensive income attributable to equity holders came in at R552.8 million. In addition, headline earnings per share were 50.59 cents per ordinary share.



Cash distribution

Notice is hereby given that on Monday, 23 June 2014, Accprop declared a final cash distribution (number 1) of 13.77289 for the year ended 31 March 2014, payable on Monday, 21 July 2014 to holders of the ordinary shares recorded in the books of the company at close of business on Friday, 18 July 2014.



Annual general meeting AGM)

The company's first annual general meeting will be held at Accelerate's registered office, in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Tuesday, 29 July 2014 at 10:00. Further details on the company's annual general meeting will be included in Accelerate's integrated annual report to be posted to shareholders on or before 30 June 2014. A PDF of the integrated annual report and notice of AGM will be available to download at www.acceleratepf.co.za



Outlook

Accelerate is well positioned to create shareholder value by being a participant in the major development in the Fourways area, making the most of opportunities to acquire properties, and ensuring properties are well managed and maintained, thereby ensuring sustainable returns to its shareholders.
20-Jun-2014
(Official Notice)
Accelerate shareholders are advised that for the year ended 31 March 2014:

*Headline earnings per share ("HEPS") is expected to be between 165% and 175% higher in comparison to the profit forecast previously published for the four months ending 31 March 2014 of 18.83 cents. The increase in HEPS is due to the fact that the number of shares used to calculated HEPS in the profit forecast was not weighted as the profit forecast was for a four month period, however, the number of shares in issue used to calculate HEPS for the twelve months ended 31 March 2014 was weighted from the date of the listing.

*Earnings per share ("EPS") is expected to be between 690% and 700% higher in comparison to the profit forecast previously published for the four months ending 31 March 2014 of 36.02 cents. The increase arose mainly as a result of fair value adjustments relating to property valuations as well as a financial instruments gain, and the weighting of the number of shares in issue used to calculate EPS for twelve months ended 31 March 2014.

*Distribution per share will remain largely unchanged from that which was previously published in the profit forecast for the four months ending 31 March 2014.
01-Apr-2014
(Official Notice)
Professor Francois Viruly has been appointed as an independent non-executive director of the company with effect from 1 April 2014.
18-Feb-2014
(Official Notice)
Accelerate shareholders are advised that 4Syte Business Solutions (Pty) Ltd. has resigned from the position of company secretary of Accelerate, with effect from 18 February 2014. The board of directors of Accelerate announced that iThemba Governance and Statutory Solutions (Pty) Ltd. has been appointed as company secretary of Accelerate with immediate effect.
12-Dec-2013
(Official Notice)
Further to the announcement released on SENS on 5 December 2013, investors are advised that 100% of the land in respect of the property portfolio has been transferred to Accelerate and Accelerate listed on the Main Board of the JSE at 09:00 am on Thursday 12 December 2013.



Accelerate shares will trade under the abbreviated name: "ACCPROP", JSE share code: "APF" and ISIN: ZAE000185815.
22-Aug-2018
(X)
Accelerate Property Fund aspires to be the most valued property fund on the Johannesburg Stock Exchange by acquiring high-quality properties with long-term leases with strong tenants.



The Fund owns several properties in Fourways, including the super-regional Fourways Mall, Cedar Square, The Buzz, Waterford, BMW Fourways, and the Leaping Frog Centre. It also owns Portside, the Oceana Building, the Mustek building, the Thomas Pattullo building on the Cape Town Foreshore and the majority of properties in Charles Crescent, Sandton.



Accelerate?s Central and Eastern European portfolio predominantly comprises single-tenant properties in Austria and Slovakia.



The fund listed on the Johannesburg Stock Exchange (share code: APF) in December 2013. It is headquartered in Fourways, Johannesburg.


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