Growthpoint Properties’ R240m Sterling Industrial Park development in its Centralpoint innovation district is bringing to life the next phase of this major high-tech precinct.

Delivering exceptional investment performance in current market conditions is no simple task, given that uncertainty and unemployment remain critically high whilst economic growth, liquidity and interest rates remain stubbornly low.

Estienne de Klerk has been elected Chairman of the SA REIT Association, which represents the South African listed REIT (real estate investment trust) sector.

The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

JSE listed diversified real estate investment trust Redefine Properties has earmarked R2 million towards beautifying and upgrading the Library Park infrastructure in a major way as part of Johannesburg City Parks & Zoo’s (JCPZ) commitment to maintaining Rosebank’s green beltways.

Emira Property Fund has reported a 3.1% increase in distributions for its financial year ended 30 June 2019, delivering on its market guidance and continuing its dividend growth for the second consecutive year following its successful turnaround.

Wednesday, 14 August 2019 15:46

Fairvest withdraws bid to merge with Safari

Fairvest Property Holdings Limited  today announced that it has elected, by mutual agreement, to not proceed with its friendly merger with Safari Investments RSA Limited.

JSE specialist shopping centre REIT, Hyprop, today announced the sale of Manda Hill Shopping Centre located in Lusaka, Zambia.

Vukile Property Fund today announced that its listed Spanish subsidiary, Castellana Properties SOCIMI SA, has acquired the high-quality 30,000sqm Puerta Europa shopping centre in Algeciras, Cadiz, Spain.

The past decade has seen South African property developers and investors forge their way up the African continent and then pull back.

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