South African-born real estate mogul Barry Stuhler to receive $2 million from Lighthouse
Barry Stuhler will receive $2.04 million in interim dividends from Lighthouse after the real estate group declared a $32 million payout.
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Barry Stuhler will receive $2.04 million in interim dividends from Lighthouse after the real estate group declared a $32 million payout.
Lighthouse Properties acquires Espacio Mediterráneo mall in Spain for $159.2 million, expanding its Iberian footprint and strengthening its retail strategy.
This represents a 17.08 percent increase compared to the previous year, driven by stronger-than-expected tenant sales and a strategic expansion of its property portfolio.
The sale proceeds from Planet Koper Mall aim to fund acquisitions in the Iberian market, a key focus of growth with stronger economic resilience and tourism-driven retail demand.
This decline compounds an earlier loss of $2.18 million recorded between June 19 and July 19.
This acquisition aligns with Lighthouse’s broader goal of expanding its presence in the Iberian Peninsula, where its portfolio now accounts for 76 percent of its directly held properties’ value.
Stuhler owns a 9.72-percent stake in Lighthouse Properties, which amounts to 172,699,222 ordinary shares in the company.
This signifies an internal restructuring within the Des de Beer family’s investment portfolio, leaving his indirect beneficial interest in Lighthouse unchanged.
Stuhler owns a 9.72-percent stake in Lighthouse Properties, which amounts to 172,699,222 ordinary shares in the company.
Stuhler owns a 9.72-percent stake in Lighthouse Properties, or 172,699,222 ordinary shares.
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares.