Tuesday, 23 June 2020 10:06

Tsebo Cleans Up at the PMR.Africa Awards

Tsebo Solutions Group is grateful to be a proud winner at the 2020 PMR.Africa Awards with an overall total of eight awards.

Many businesses operating in South Africa are cautiously optimistic for what is in store for the remainder of this year.

South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced  results for the six months ended 29 February 2020. The Group’s performance was achieved against a backdrop of extremely weak trading conditions globally and in  South Africa (“SA”).

In a recent note, we indicated that, in the “post-lockdown” recessionary period we would likely see the direct economy-related pressures being more severe on the Industrial Property Sector, via a very weak.

It is fashionable to have an opinion on how the COVID-19 Crisis is “changing the world”.

In a downturn, Property Market Values can deviate dramatically from the market “equilibrium” value, a value which can be far lower than market in recessionary times due to strong resistance by the market to dropping values to make the sales.

Investec Australia Property Fund (IAP or the Fund) has today reported its first full year financial result since its successful listing on the ASX.

JLL, one of the world’s leading real estate investment and advisory firms, today released its Q1 South Africa Real Estate Market Performance report which outlines the implications that Covid-19 will have on major sectors across the country.

JSE listed REIT Octodec Investments Limited, today announced a satisfactory set of results for the half year to 29 February 2020, against a rapidly degrading economic environment which translated into a slight reduction in distributable earnings to 97 cents per share.

Arrowhead Properties, the Real Estate Investment Trust (REIT) with a diversified portfolio of retail, office and industrial properties today reported, during an investor update, that its portfolio is performing in line with expectations despite the prevailing uncertainty in the market.

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