Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has advanced the execution of its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.

Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has begun executing on its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.

JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy communicated to the market in March this year, where it stated its intention to reduce its exposure to sub-Saharan Africa excluding South Africa to focus its attention and capital on its South African and Eastern European businesses. 

The USD95 million Kumasi City Mall developed by leading South African property development and investment company Atterbury has opened to become Atterbury’s fourth retail development in Ghana.

The new Kumasi City Mall in Ghana’s city of Kumasi will open on 20 April 2017.

With the Regional winners in Cape Town and KZN having been announced over the last two weeks, the Women’s Property Network (WPN) completed the final leg of the Regional Awards at a glamourous event held in Johannesburg last night. 

Attacq achieved a 27.6% growth in net asset value per share (“NAVPS”) adjusted for deferred tax for the full year compared to December 2014 and a year-on-year growth of 24.5% in NAVPS.

Hyprop double digit-distribution growth at interims ahead of expectations.

South Africa’s inland shopping malls could be in for pleasing festive season sales as a result of the country’s struggling economy, according to Managing Director of Atterbury Asset Managers, Lucille Louw. This is because fewer families can afford to take holidays this year.

Atterbury Europe is a new company incorporated in the Netherlands that focuses on shopping centre investments and retail development opportunities in Europe, particularly the nascent eastern European region.

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