Heriot REIT Limited (JSE:HET) listed in the Real Estate sector on the JSE’s AltX board as a Real Estate Investment Trust.

An explosion of interest and uptake in recent years has seen the mixed-use industrial park, Capricorn Park, turn into a resounding success story as developers, owner occupiers, investors and tenants both local and national have converged on this secure and affordable, prime situated location near Muizenberg in Cape Town’s Southern Suburbs.

Pockets of Salt River, once a booming part of Cape Town due to its proximity to the CBD, have been revitalised under property developers whose foresight envisioned the creation of a contemporary place to live, work and play.

Landmark property development projects from Atterbury, the leading South African property developer and investor, once again featured heavily among the winners of the coveted South African Property Owners Association (SAPOA) Awards in 2017.

New Vantage Properties, a brokerage specialising in leasing and investment sales, has brokered the sale of the sought-after Hutton Court building in Hyde Part to Nu Metro.

FWJK Developments has already completed 24,000m² of mini factory units in two industrial park developments at Cornubia known as Boulevard Business Park and Sugarstone Business Park. 

JLL’s overview of South Africa’s main office, industrial and retail markets lends perspective amidst the current political uncertainty and challenging economic conditions.

Stenprop Limited, listed on the JSE’s Main Board and the Bermuda Stock Exchange, announced today that it reached agreement to acquire a portfolio of multi-let industrial (MLI) properties as well as the management business that has built up and managed that portfolio, C2 Capital Limited, for a combined consideration that values the two businesses at £130.5 million.

The Richards Bay Shopping Centre known as Taxi City has been successfully sold for an auction record price of R120 million at the monthly commercial auction conducted by In2Assets, the commercial property auction specialists. 

Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment.

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