Sub-1% economic growth insufficient to curb vacancy rate rise and unlikely to prop up real property values at recent levels'.
The R21 Corridor between Pretoria and OR Tambo is fast becoming Gauteng’s newest development node with many logistics and warehousing companies opting for space in some of the newly developed logistics and industrial parks in this area.
Three frail care centres and a mix of residential and commercial properties on BidX1’s 4 December online property auction.
GoIndustry DoveBid SA (GoIndustry) is hosting a massive property auction on behalf of their long-standing client, Telkom.
Spear REIT Limited (SEA:SJ) on Friday 1st November announced the acquisition of the Liberty Life Regional Head Office from Liberty Group and 2 Degrees Properties for R 370 million.
A decade of corporate semigration and decentralisation fuelled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off,
precipitating a number of significant market shifts.
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).
The total wealth held in Africa rose by a modest 14% over the past 10 years (2008-2018) with three of the largest economies on the continent, South Africa, Egypt and Nigeria performing poorly on most economic indicators according to the AfrAsia Africa Wealth Report 2019, released today by Mauritius based AfrAsia Bank.
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.

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