Tough times for investors, but there is reason for hope
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.
SA REIT Association appoints Estienne de Klerk as new Chairman
Estienne de Klerk has been elected Chairman of the SA REIT Association, which represents the South African listed REIT (real estate investment trust) sector.
Cap Rates and Property Values - Is it time for a more significant move?
A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.
Hyprop takes next strategic step in reducing exposure to Sub-Saharan Africa
JSE specialist shopping centre REIT, Hyprop, today announced the sale of Manda Hill Shopping Centre located in Lusaka, Zambia.
SA focused REIT Dipula makes bid merge with SA corporate real estate
Dipula Income Fund, a diversified, South-African focused and Black-managed REIT, today announced a non-binding offer to acquire 100% of the shares in SA Corporate Real Estate Limited through a merger of the two companies.
The next wave of property development in Africa is coming
The past decade has seen South African property developers and investors forge their way up the African continent and then pull back.
Comprop R1.8 billion all cash offer for Safari
Safari Investments, the Pretoria based low LSM retail property fund, today announced the receipt of a firm intention proposal from Community Property Company , an unlisted property fund in the Futuregrowth Asset Management stable, to make a R1.8 billion all cash clean offer to acquire the entire issued share capital of Safari.
Repo rate comment - Time to buy is certainly now, says Dr Andrew Golding
Today’s repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market augur well for the balance of the year and underscore the opportunity for home buyers to capitalise on the current favourable market conditions before the market enters a decisive upturn.
Twin City to develop new R290m mall in Vryburg, North West
The North West agricultural town of Vryburg is set to get its first enclosed shopping mall with a new 20 000m² centre.
Equites Property Fund to list on A2X
Equites Property Fund Limited has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 1 July 2019.
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