South African REITs (real estate investment trusts) have once again excelled among the country’s top companies earning the most wealth and value for shareholders.

Indluplace Properties, the first residential-focused REIT to list on the JSE, has reinforced the strength of its management team with new appointments to continue driving improvements in operational and letting performance in the year ahead.

The SA REIT (Real Estate Investment Trust) sector has published the Second Edition of its Best Practice Recommendations to enhance the transparency and comparability of financial reporting by SA REITs.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today reported its results for the year ended 31 August 2019.

In order of most empowered, the REITs are: Arrowhead Properties, Redefine Properties, Growthpoint Properties, Equites Property Fund, and Rebosis Property fund.

Spear REIT Limited (SEA:SJ) on Friday 1st November announced the acquisition of the Liberty Life Regional Head Office from Liberty Group and 2 Degrees Properties for R 370 million.

JSE listed REIT Octodec Investments Limited, today announced its full year results, declaring a stable distribution of 200.9 cents per share, in line with guidance, and representing a marginal 1.2% decrease on the prior year against the prevailing poor economic and consumer environments.

Equites Property Fund Limited (Equites) today announced distributable earnings for the six months to 31 August 2019 up 31.1% year-on-year.

Equites Property Fund Limited today announced distributable earnings for the six months to 31 August 2019 up 31.1% year-on-year.

London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 30 June 2019,  despite challenging macro-economic conditions.