There is little commitment to real transformation from the executive leadership of South Africa’s listed property sector and it’s time for a change in mindset, or for new leaders that will make transformation a priority.

Excellerate Property Services is leading South Africa’s large property service providers in Broad-Based Black Economic Empowerment (B-BBEE) with its new Level 2 B-BBEE rating. 

Ms. Linda de Beer was appointed as an Independent Non-Executive Director of Hospitality Property Fund on 17 August 2011.

Texton Property Fund’s shareholders gave their overwhelming support to the broad based black economic empowerment deal which was announced in December last year.

Texton is pleased to announce that it has reached agreement with a broad-based black economic empowerment Consortium to purchase around 20% of Texton shares. 

Dipula Income Fund today announced it had concluded a significantly oversubscribed accelerated book build of R400 million.

Tongaat Hulett says it has concluded a deal with a local black-owned company, through the sale of prime land at its Cornubia Business Hub in KwaZulu-Natal.

Dipula Income Fund reports its full-year results which reflect a 16% year-on-year growth in distributable earnings to 31 August 2014.

Economic activity in the property sector contributed R191.4 billion to the economy last year, reveals the Property Sector Charter Council study released on Tuesday 27 May 2014

Newsletter Issue 84 Introduction: 20 years of Democracy in South Africa, less than 5% black shareholding in listed property