eProperty News

A strategic pillar of GMI Property Group is developing retail centres with the vision to drive growth, improve infrastructure and enhance the lifestyle of broader communities by creating opportunities for retail businesses to broaden their support. Each property development caters to specific dynamic market requirements.

SPEAR REIT LIMITED (JSE: SEA) marked the sixth reporting period since its debut on the JSE with a 16.36% growth in distribution per share for the 2022 financial year. 

Exemplar REITail has declared a dividend of 117,598817 cents per share (cps) for the full year ended 28 February 2022.

The rapidly increasing urban sprawl experienced in developing countries like South Africa can have a massive negative impact on not only the environment, but also the people living there.

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin today published financial results for the year ended 28 February 2022, emerging as a turn-around story.

Joff van Reenen, Founding Partner and Lead Auctioneer of specialist real estate auction company High Street Auctions, says as much as the repo rate increase of 50 basis points was not unexpected, it’s certainly not welcome.

Carmen Nel, Economist and Macro Strategist, Matrix Fund Managers believes SARB getting ahead of the curve.

The Pam Golding Residential Property Index highlights some ongoing shifts in the national housing market. These include the fact that the Covid-induced boom in freehold residential property price inflation continues to fade when compared with sectional title, with the gap narrowing to a revised 2.4% in April 2022, having peaked at 3.9% in March 2021.

Over the last couple of months, the commercial property sector has experienced challenges that posed threats to recovery following lockdowns in 2020 and 2021.

Remember the days when farms were sold to become shopping malls? Menlyn Park Shooping Centre has done a 180 on that past trend and turned what used to be a parking lot, into a farm, with the help of the very bright and hard-working Andile Matukane.

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