Tomasz Trzósło, CEO of JSE-listed EPP, Poland’s biggest retail landlord, has been listed among 100 most influential people in the Polish economy in 2020 in a joint ranking delivered by three independent biggest economic media in Poland.

Returning from a nationwide catchup with their network of brokers and lending partners, Paragon Lending Solution CEO, Gary Palmer, says despite banks’ and landlords’ considerable help during lockdown, South Africa should prepare for a very bumpy few months as lenders and landlords run out of runway and eviction notices begin to pile up. 

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the year to 30 June 2020, with total distribution for the year of 21.038 cents per share, down 3.4% decrease on the prior year. 

Attacq Limited (“Attacq”), The South African-based REIT today announced its financial results for the year ended 30 June 2020.

Hyprop, a retail-focused REIT listed on the JSE, today reported annual results demonstrating management is navigating successfully through very uncertain times.

Building the way forward in South Africa’s commercial property market.

Latest GDP figures have laid bare the grim reality of COVID-19’s economic effects, revealing an unprecedented 51% decline in economic activity in the second quarter of this year (quarter-on-quarter, seasonally adjusted and annualised).

Tuesday, 08 September 2020 13:35

GDP contracts by 51% under lockdown

The South African economy contracted by a staggering 51% in Quarter 2 of 2020, as the country reeled from the consequences of the COVID-19 enforced lockdown, Statistician-General Risenga Maluleke has revealed.

Further repo rate cut would have provided relief for economy and boosted housing market, says Dr Andrew Golding.

The FNB Commercial Property Broker Survey surveys a sample of commercial property brokers in and around the 6 major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay.

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