Listed diversified real estate investment trust Redefine Properties (JSE: RDF) has appointed Nashil Chotoki as the National Asset Manager for Retail.

The listed property sector has managed to outperform other equities but has been outdone by bonds during 2016 so far.

Fountainhead Property Trust has agreed to acquire the prime industrial property belonging to Robor Pty Ltd at 233 Barbara Road, Elandsfontein, in Ekurhuleni east of Johannesburg, for R570.7 million.

Fountainhead chairman Michael Kirchmann hails 2013 as a 'momentous year' for Fountainhead.

Fountainhead Property Trust declared a distribution for the 11 months to 31 August 2013 in line with market guidance and 2% down on its distribution for the comparable 11 months in 2012. 

Newcastle Mall triumphed to win the sought-after Spectrum Award for the best overall development in 2013 in the South African Council of Shopping Centre's (SACSC) Retail Development and Design Awards (RDDA) 2013.

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