New Mortgage Lending continued its year-on-year decline in the 1st quarter of 2019, with the Commercial Mortgage Lending and New Building Mortgage categories being the major “drag”

The FNB Property Barometer for 2019 indicated a low 3.7% year-on-year growth in Feb this year, compared to the 4.2% year-on-year CPI for the same period and the 3.8% annual average recorded in 2018.

JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, today announced a major achievement in its ongoing drive to fight climate change through the mainstreaming of green lifestyle developments.

A new, 100%black-owned hotel operator is to soon enter the local market following a multi-million rand deal signed this week between Afrirent Holdings, Top Toyo Investments and Indalo Hotels & Leisure Management in terms of which an R280 million, focused service Hampton by Hilton hotel will be built in Sandton, Gauteng.

A retail jewel is rising steadily in Cameroon’s capital of Douala, with planned completion now less than a year away.

The spotlight will be on Africa and its urban development this week as more than 250 executives and professionals in the built environment sector are set to attend the Royal Institution of Chartered Surveyors (RICS) Summit Africa event in Sandton Central, Johannesburg.

EPP, Poland’s largest owner of shopping malls and its partner Echo Investment, the largest Polish real estate developer, received an award yesterday for their upcoming development in Warsaw, Poland.

The Royal Institution of Chartered Surveyors (RICS) Summit Africa 2019 has a powerful line-up of speakers for the event, taking take place later this month (29 - 30 May) at the Maslow Hotel in Sandton Central, South Africa’s financial hub.

Indluplace Properties Limited (“Indluplace”), the largest, residential focused JSE-listed REIT, with a portfolio that provides affordable rental housing, today released its financial results for the six months ended 31 March 2019.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

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