Properties grows its earnings per share 10% in the six months to June, despite concerns over the strength of the British consumer and downward pressure on UK property prices.
Now may be Growthpoint Properties' best opportunity to buy a UK company outright or an interest in one.
Accelerate Property Fund grows its portfolio 24% year on year to March to R8.4bn, owing to strong investment activity.
Billionaire businessman Patrice Motsepe’s African Rainbow Capital (ARC) has made its first foray into property‚ buying a 20% stake in Val de Vie Investments‚ which is expanding a high-end residential estate in the Western Cape.
Vukile Property Fund CEO Laurence Rapp says his fund is on track to have more than 90% of its portfolio in top quality retail assets, and to receive a rerating.
The development of distribution centres in SA has gained momentum in the past two years, but demand is yet to match the growing supply.
The takeover of hotel-focused property fund Hospitality by Southern Sun Hotels has been approved by SA’s competition authorities‚ with conditions.

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