Commercial property development company, Heartwood Properties , has revealed a 30% increase in their portfolio value, and a 29% increase in net asset value at the end of their first year as a listed company on the 4AX (4 Africa Exchange).

Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally.

Tuesday, 20 August 2019 22:52

SARB Leading Business Cycle Indicator

SARB Leading Business Cycle Indicator – Further decline in June SARB Leading Business Cycle Indicator reading suggests likely further new mortgage lending and building weakness.

A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.

Waterfall Management Company has been honoured with the Best Mixed-use Development in South Africa 2019/2020 award for the Waterfall development.

Broll Property Group, the largest independently owned Pan-African commercial property services company, has entered into an exclusive affiliate arrangement with Cushman & Wakefield, a leading global real estate services company.

In the week ahead, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will meet to deliberate on interest rates from the 26-28 March, and FNB expects it to leave its policy Repo Rate unchanged at 6.75%.

Last week’s NERSA decided to allow a further above-inflation tariff hike.

One of South Africa’s leading office and industrial real estate consultancies, Knight Frank South Africa, has rebranded to Galetti Corporate Real Estate after concluding an investment deal with black-owned private equity business, Symmetry Capital Partners.

Award-winning journalist, radio personalisty and author of Becoming Iman, Iman Rappetti, will be the Master of Ceremonies at the South African Property Owners Association (SAPOA) Annual Convention and Property Exhibition 2019.

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