Accelerate Prop Fund Ltd (APF) SENS Announcements
Every announcement Accelerate Prop Fund Ltd has filed on the JSE, newest first, each with SENS-AI's analysis.
SENS Announcements — Page 1
1–14- 28 Sep Disposal
ACCELERATE PROPERTY FUND LIMITED - Conclusion of Fourways Mall Property, Development and Asset Management Services Agreement and additional agreements, and potential disposal of a minority interest in Fourways Mall
Accelerate's Fourways Mall management deal carries a R130m–R150m termination fee and potential dilution of its 50% stake with no cash proceeds.
BEARISH -35 - 25 Sep Disposal
ACCELERATE PROPERTY FUND LIMITED - Disposal by Accelerate of KPMG Crescent and parkade 85 Empire Road Parktown
Accelerate sells KPMG Crescent for R385m gross, just below its R393m valuation, as the anchor tenant exits in 2027.
NEUTRAL -15 - 18 Sep Compliance Filing
ACCELERATE PROPERTY FUND LIMITED - B-BBEE annual compliance report
B-BBEE compliance report submitted; SENS notice contains no financial figures or new information.
NEUTRAL 0 - 15 Sep Disposal
ACCELERATE PROPERTY FUND LIMITED - Disposal by Accelerate of Cedar Square Shopping Centre
Accelerate sells Cedar Square for R630m cash, near its R643.5m valuation, to cut debt.
BULLISH +35 - 15 Sep Announcement Cancellation
ACCELERATE PROPERTY FUND LIMITED - Cancellation of S603326 - Disposal by Accelerate of Cedar Square Shopping Centre
Accelerate to sell Cedar Square Shopping Centre, proceeds for debt reduction — but purchase consideration is not disclosed.
NEUTRAL 0 - 15 Sep Disposal
ACCELERATE PROPERTY FUND LIMITED - Disposal by Accelerate of Cedar Square Shopping Centre
Accelerate signs Cedar Square disposal with proceeds for debt, but the purchase price is blank.
NEUTRAL -5 - 03 Sep Meeting Results
ACCELERATE PROPERTY FUND LIMITED - Results of AGM
All AGM resolutions passed; no surprises in voting outcomes at Accelerate's 2026 AGM.
NEUTRAL 0 - 07 Aug Other Administrative
ACCELERATE PROPERTY FUND LIMITED - Censure imposed by the JSE on Accelerate Property Fund Ltd
JSE censures Accelerate for implementing a material asset management appointment without shareholder approval — an ongoing breach.
NEUTRAL -15 - 31 Jul Annual Report Availability
ACCELERATE PROPERTY FUND LIMITED - Audited AFS for the year ended 31 March 2026 & Distribution of Integrated Annual Report & Notice of AGM
Audited FY2026 confirms FFO swing to positive 6.25c; clean audit but no dividend and R6.6bn facilities mature in eight months.
NEUTRAL +5 - 31 Jul Trading Statement
ACCELERATE PROPERTY FUND LIMITED - Updated Trading Statement for the year ended 31 March 2026
APF's FFO of 6.25 cps compresses to 0.09 cps distributable after capex; no distribution for second straight year.
BEARISH -35 - 10 Jul Trading Statement
ACCELERATE PROPERTY FUND LIMITED - Correction of Trading Statement for the Year Ended 31 March 2026
Corrected trading statement restates identical figures from the prior day's release; no fresh guidance or revised numbers.
NEUTRAL 0 - 09 Jul Trading Statement
ACCELERATE PROPERTY FUND LIMITED - Disposal of BMW Fourways, Trading Statement for year Ended 31 March 2026, Derecognition of Constructive Obligation
Accelerate swings to distributable profit but holds distributions; sells BMW Fourways below valuation and derecognises a R371m claim.
NEUTRAL 0 - 15 May Disposal
ACCELERATE PROPERTY FUND LIMITED - Disposal by Accelerate of the Bosveld Bela Bela Shopping Centre Cancellation of Transaction
Accelerate cancels R88m Bosveld Mall disposal after the buyer repudiates the agreement.
NEUTRAL -20 - 27 Mar Operational Update
ACCELERATE PROPERTY FUND LIMITED - Voluntary operational update for the financial year ending 31 March 2026
Deleveraging progress is overshadowed by looming earnings pressure, covenant relief needs, and continued dividend suspension.
NEUTRAL -15