The JSE listed specialist logistics property fund, Equites, today officially announced that it has concluded a transaction in terms of Statement 102 of the Codes of Good Practice on Broad-Based Black Economic Empowerment (“B-BBEE”) with Mabel Black Knight Investments 1 Proprietary Limited (“Mabel”).

Abland, one of South Africa’s leading property developers for over 30 years, have announced five new developments that offers direct access to the M12 with an immediate connection to the N7, providing them with easy access to the Cape Town Harbour, which are all situated at the 72 hectare Atlantic Hills Business Park in Cape Town.

Kenya’s expanding economy has spurred the growth of its logistics property market with the economic hub of Nairobi experiencing a 15% year-on-year increase in new warehousing supply, Broll Property Intel’s latest Kenya Logistics Snapshot Report reveals.

Atterbury has closed a landmark deal that will see CooperVision, a world leader in contact lenses, become the first tenant at its prime Randport Industrial Development in Gosforth Park, Germiston, Ekurhuleni.

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

The R250bn listed property sector, one of the JSE's most active in terms of merger, acquisition and listing activity in recent years, saw deal flow surge a whopping 60% last year.

Property development and marketing company, Abacus Divisions, has announced that it has sold all the stands –totaling more than 123 000 square metres -at its recently launched Rietvlei Industrial Estate, raking in a total of R105 million.

A bid price of R31,1m has been received for a retail centre in Pongola, KwaZulu Natal, at an auction held by Bidline in Durban.

Economic factors have brought underground living back into vogue, says Ross Davies.