JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along with equity partners Madison International Realty and Griffin Real Estate in European Logistics Investment BV  and in joint venture with its strategic development partner Panattoni Europe.

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the financial year ended 29 February 2020.

Thursday, 21 May 2020 16:34

Repo rate cut by 50 basis points

The South African Reserve Bank (SARB) has cut the Repurchase (repo) rate by 50 basis points.

The Property Industry Group has announced an industry-wide assistance and relief package for retail tenants that are hardest hit by complying with South Africa’s lockdown in the face of the COVID-19 pandemic.

The Moody’s downgrade of South Africa’s credit rating should have happened long ago.

Peter Gent, ex-RMB Chief Operating Officer, has been appointed as an independent, non-executive director to the board of directors of commercial property development company, Heartwood Properties, who are listed on the 4AX (4 Africa Exchange).

A project funded by TUHF, @Fourteenth is a bright new residential complex that offers affordable accommodation within the Boksburg CBD.

TUHF Limited has secured a R700 million investment from Standard Bank through the bank’s Debt Capital Markets team.

Redefine Properties further enhances liquidity with sale of Strykow.

JSE listed diversified real estate investment trust Redefine Properties is strengthening its balance sheet and enhancing its logistics platform in the fast-growing Polish market through the introduction of leading international real estate private equity firm, Madison International Realty (Madison) as an equity investor.

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