Rebosis Property Fund, the JSE’s first listed black-managed REIT, sustained solid distribution growth for the year ended 31 August 2017. 

Despite the difficult economic climate South Africa is experiencing at present, Fairvest Property Holdings Limited managed to conclude some 30 lease renewals, or 6 000m² of GLA during the first four months of the new financial year at the budgeted rentals.

According to StatsSA CPI (Consumer Price Index) figures, residential rental inflation has been outstripping average house price inflation of late.

Despite of the poor performance of industrial stand values in the country overall, due to declining economic confidence, those in the East Rand and Cape Peninsula still managed to enjoy real growth in the second quarter of 2017.

Emira Property Fund today announced that it is pioneering USA property investment for the South African investment market.

JSE AltX and Mauritius listed New Frontier Properties today reported solid financial results for the year ended 31 August 2017, despite market volatility and economic headwinds in a post Brexit operating environment.  

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat interim results for the six months ended 31 August 2017.

JSE listed REIT Octodec Investments Limited today announced full year results achieving modest distribution growth of 0.8%, and declaring an annual cash dividend of 203.1 cents.

The value of outstanding credit balances in the South African household sector continued to show relatively low growth in the first nine months of 2017, rising by 3,3% year-on-year (y/y) to a level of R1 522,6 billion.

Third quarter statistics (Q3 2017) from ooba, South Africa’s leading bond originator, show nominal positive growth of 3.3% on Q3 2016 in the average House Purchase Price.