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.

JSE listed Spear REIT Limited announced the appointment of Mrs. Kim Pfaff-Karg as Chief Investment Officer who will join the business on the 1st of March 2020.

GoIndustry DoveBid SA (GoIndustry) is hosting another massive property auction on behalf of their long-standing client, Telkom.

Emira Property Fund today reported a 1.7% year-on-year increase in distributions for its half-year ended 31 December 2019, in line with its positive market guidance.

Growthpoint Properties has completed the R185m first-phase of its new industrial park development on KwaZulu-Natal’s major logistics and transport corridor.

As in the case of the buying/selling market survey, brokers perceive the most buoyant conditions to be in the Industrial Rental Market.

Aimed at recognising and honouring South African property journalists who have made a noteworthy contribution to the commercial and industrial property industry through quality media coverage of the property industry, the SAPOA Property Journalism Awards for Excellence return for the 2020 instalment.

The R21 Corridor between Pretoria and OR Tambo is fast becoming Gauteng’s newest development node with many logistics and warehousing companies opting for space in some of the newly developed logistics and industrial parks in this area.

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