Sirius Real Estate expects to increase dividend by 25%
Sirius Real Estate expects its dividend to rise 25% in the year to March thanks to new acquisitions and an effective capital expenditure programme.
With South Africa’s rising inflation, the Reserve Bank says it is necessary to raise interest rates
“Tolerating additional inflation in the short run could require larger interest rate adjustments later, with proportionally greater costs for the economy.
Further uptick in household credit and mortgage balances growth
ABSA Home Loans Property Analyst, Jacques du Toit, notes further uptick in household credit and mortgage balances growth.
A bumper distribution growth anticipated by Equites Property Fund
Specialist logistics property developer and landlord, Equites Property Fund Limited, today announced that the company anticipates the distribution per share for the year ended 29 February 2016 to be between 95 and 97 cents per share, which is between 55.1% and 58.3% higher than the 61.26 cents per share reported in the annual results for the year ended 28 February 2015.
ooba’s February statistics signify house price growth dipping to below the inflation rate
Although ooba’s property statistics for February indicate year-on-year growth in house prices, slower year-on-year price growth trends are emerging.
Commercial property market starved of prime quality investments in weakening economy
The latest research from JLL South Africa shows that the trend in commercial property investment activity in South Africa in the past year has been one of managing risk and avoiding loss in the South African economy, increasing the preference to hold property as opposed to cash reserves.
Residential property market slowly moves into its super-cycle “correction”
John Loos, Household and Property Sector Strategist at FNB observes 'a tougher year for residendial mortgage lending ahead, as the residential property market slowly moves into its super-cycle “Correction”.'
Residential property transactions climbing despite weakening economy
The total value of sales in the South African housing market has been steadily increasing, with an 8.3% increase in the value of residential-property transactions from 2014 to 2015.
Property choices galore in Centurion
Centurion has come a long way from being the sleepy southern suburb of Pretoria with its smallholdings and large open spaces. Today it is one of the fastest growing cities in South Africa with a population of over 240 000.
Emira Property Fund achieves 8.8% half-year distribution growth
Emira Property Fund Limited today announced 8.8% growth in distributions per share for its half-year to December 2015, continuing its track record of delivering on its market guidance with another strong set of results for investors.
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