Even though the COVID-19 pandemic has had an impact on the property market across South Africa, there are still significant investment opportunities to be had, especially in the residential sector.

Commonwealth countries are estimated to have lost up to US$345 billion worth of trade in 2020, including $60 billion in intra-Commonwealth trade, according to 2021 Commonwealth Trade Review on “Energising Commonwealth Trade in a Digital World: Paths to Recovery Post-COVID”.

The ongoing COVID-19 pandemic has seen three major trends emerge as drivers of investment in Africa’s Commercial Property space.

Whilst the onset of the pandemic has significantly impacted the commercial sector, it’s not all doom and gloom and there are ample opportunities for investors and landlords to harness the market shifts and translate them into opportunities if they remain flexible and do their homework.

Fortress REIT announced that their biggest logistics development to date was signed with Pick N Pay at their flagship premium-grade Eastport Logistics Park, close to ORT Airport in Gauteng.

Attacq Limited (“Attacq”), the JSE-listed REIT developing Waterfall City, announces that flagship retail asset, the Mall of Africa, celebrates its fifth birthday today.

Equites Property Fund Limited today announced a 2.4% increase in its annual distribution per share.

Serviced office space provider The Business Exchange (TBE), in partnership with Maxcity Properties, the largest and most established real estate company in Mauritius, today launched an exciting new opportunity, offering investors the unique chance to own offshore property in Mauritius, a Dollar-based country.

Fortress REIT recently acquired two modern high-quality logistics parks in strategic locations in Poland.

Investec Property Fund announced the finalisation of the sale of their 38.04% equity interest in the UK Fund to Argo Real Estate Limited, for a cash consideration of GBP35 million.