Hyprop reduces exposure to Africa and provides pre-close update
JSE specialist shopping centre REIT, Hyprop, today announced progress on its strategy communicated to the market in March this year, where it stated its intention to reduce its exposure to sub-Saharan Africa excluding South Africa to focus its attention and capital on its South African and Eastern European businesses.
56% of home buyers are single, says FNB
FNB Home Finance has revealed that the number of single applicants who bought residential property through the Bank increased from 48% to 56% between 2016 and 2018.
R280 Million Development of new Hampton by Hilton in Sandton
A new, 100%black-owned hotel operator is to soon enter the local market following a multi-million rand deal signed this week between Afrirent Holdings, Top Toyo Investments and Indalo Hotels & Leisure Management in terms of which an R280 million, focused service Hampton by Hilton hotel will be built in Sandton, Gauteng.
Safari's niche portfolio in underserved locatons growing focus on operational performance
JSE-listed REIT Safari Investments RSA Limited today posted annual results for the period ending 31 March 2019.
Hyprop’s The Mall of Sofia 12 000m² extension complete
Hystead Limited, which is 60% owned by Hyprop Limited, has successfully completed the 12 000m² extension to The Mall of Sofia, Bulgaria.
Emira’s Denver property is changing the warehousing game
Emira Property Fund’s refurbished warehouse facility superbly located in the popular industrial hub of Denver, Johannesburg, has opened its doors, attracting savvy tenants looking for state-of-the-art warehouse facilities, paired with contemporary office space and excellent energy efficiency.
Growthpoint’s iconic 144 Oxford office development will be completed in October ‘19
Growthpoint Properties’ multi-million-rand 144 Oxford Road development is set for completion in October 2019, establishing a new landmark office address in Rosebank with a uniquely elastic design that supports modern businesses to thrive and evolve.
How to invest in property without costly and risky direct ownership
When people want to invest in real estate they usually secure a loan to purchase a property – either residential or commercial.
Lifestyle brand to open in Cape Town’s vibrant Longkloof precinct
Hilton today announced the signing of a management agreement with Growthpoint Properties, South Africa’s largest REIT, to open a hotel under its lifestyle Canopy by Hilton brand.
Lucid launches SA’s newest hotel brand Home* Suite Hotels
Lucid Ventures, the R350M Cape Town based Hotel Fund, this week announced the launch of an all new boutique hotel brand Home* Suite Hotels into the South African market.
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