As South Africa continues to face an increasingly harsh economic climate due to further credit downgrades and high levels of fiscal uncertainty.
JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, will shortly enter the UK self storage market with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King.
"With the start of the Six Nations Championship, we decided to take a timely comparative analysis of the prime capital city residential performance for each of the competing nations", Knight Frank says.
UK REIT New Frontier Properties reported a recurring profit of £2,232,000 for the period which is slightly ahead of expectations after taking into account the timing of the purchase of The Houndshill Shopping Centre in Blackpool part way through the period.
Prices rose for the seventh consecutive quarter between June and September, but there are signs that the market is slowing. Oliver Knight examines the latest figures.
Intu says it will buy two regional malls and a retail park in the UK for R16bn from Australian shopping centre giant Westfield.
Redefine International today announced it has agreed to sell the St Anne's House office building in Croydon, England for £8.4 million, £3.4 million above the property's 31 August 2013 book value.
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