RE-Calibrating Supply and Demand for Sustainable Growth is a natural evolution of the previous year’s theme, Changing the West African Narrative, which aided more than 400 delegates representing over 200 companies to reposition the sector in a region sparked to a growth footing by Nigeria’s exit from recession.
Attacq Limited (“Attacq”), a South African-based and JSE listed REIT, today reported results for the year ended 30 June 2018.
South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.
Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.
Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.
It has been a year since Sun International’s Meropa Hotel opened its doors for business, heralding a new era for the Meropa casino and entertainment complex.
Growth in the value of outstanding credit balances in the South African household sector was on a rising trend in the first seven months of 2018, with these balances amounting to a total of R1 587,5 billion at the end of this period.
Growthpoint Properties today announced distribution growth of 6.5% per share for its full year to 30 June 2018 for investors, delivering a solid set of results that match its market guidance.
Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.
President Cyril Ramaphosa says there is a need to radically transform urban spatial planning to ensure that citizens, particularly the poor and the working class, live closer to places of work and amenities.

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