Since the beginning of the pandemic, one of the biggest questions in real estate has been around office occupation as lockdown restrictions forced white collar workers to trade office desks for kitchen counters and coffee tables.

1st Quarter 2021 FNB Property Broker Survey of Rental Market Conditions – Brokers perceive recovery in Industrial and Retail market activity, but little sign of rising activity in the Office Market.

With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Tuesday, 23 March 2021 21:47

Attacq’s liquidity position strengthens

Attacq Limited (“Attacq”), the JSE-listed REIT developing Waterfall City, today released its financial results for the six months ended 31 December 2020, against a subdued economic backdrop, exacerbated by the COVID-19 pandemic and associated lockdowns.

Thursday, 25 March 2021 19:29

Repo rate unchanged at 3.5%

The Monetary Policy Committee has decided against altering the repo rate, deciding to keep it unchanged at 3.5% per annum, said Reserve Bank Governor Lesetja Kganyago.

The South African Reserve Bank (SARB) is set to hold the repo rate at the 23-25 March meeting, according to a unanimous vote by 25 economists on Finder’s repo rate forecast report.  

The National and Western Cape Department of Human Settlements, together with its agency, the Social Housing Regulatory Agency (SHRA), recently launched the Anchorage Social Housing Project in Glenhaven, in the Western Cape.

Fortress REIT recently acquired two modern high-quality logistics parks in strategic locations in Poland.

Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, reported results for the year ended 31 December 2020 with distributable earnings reaching €5.56 cents per share, exceeding its guidance of between €4.75 and €5.25 cents.

The GDP print for the fourth quarter of 2020 has come in better than expected, seeing markets respond positively in terms of rand strength and bond yields.

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