JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, has closed its accelerated bookbuild to fund the acquisition of the sixth largest self storage brand in the United Kingdom, Storage King.
The Gauteng Department of Roads and Transport has invested more than R30 billion in the past three years on public infrastructure projects.
The 3rd Quarter 2017 FNB Estate Agent Survey continued to point strength in levels of those sellers believed to be selling homes in order to downscale due to “life stage”.
If private- and public-sector land investment in our cities concentrates on keeping the haves away from the have-nots, urban sprawl will be encouraged, Professor Edgar Pieterse, told Green Building Convention 2017 delegates at Century City in Cape Town last week.
Brainworks Limited (“Brainworks”) debuted successfully on the JSE Main board under the “Equity Investment Instruments” sector earlier this morning under the abbreviated name “Brainwrks”, [JSE code: BWZ].
South Africa is unlikely to have growth above 1.5% in the next two years, the Reserve Bank said on Wednesday.
Outstanding credit balances in the South African household sector increased by 3,4% year-on-year (y/y) to R1 520,2 billion in the period January to August 2017.
The properties division of JSE-listed ADvTECH, Africa’s leading private education provider, has embarked on an aggressive growth and development strategy on the continent, which will see the group’s asset base expand to R6 billion by 2022.

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