Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today that it has arranged R430 million of mezzanine funding for the development of Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.
Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first greenfield sectional title residential development in KwaZulu-Natal.
Growthpoint Properties (JSE: GRT) is applying its development expertise to unlock sustainable value for La Lucia Mall, one of its core property assets in KwaZulu-Natal and a jewel in the crown of its retail property portfolio in the province.
Over the past three years, the KwaZulu Natal (KZN) property market has enjoyed unparalleled growth, outperforming other provinces as an investment destination. And yet, it is still considered one of the best kept secrets in the country!
Growthpoint Properties has completed the R185m first-phase of its new industrial park development on KwaZulu-Natal’s major logistics and transport corridor.
Equites Property Fund Limited (Equites) today announced an agreement with leading JSE-listed retailer Pepkor, to develop a 122 734 square metre logistics warehouse facility in Hammarsdale, KwaZulu Natal.
Shareholders in JSE-listed REITs, Gemgrow Properties and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.
Fortress REIT Limited, the JSE-listed property group, kicked off its Vredenburg Food Security and Environmental Sustainability initiative at the Masiphathisane School in the Western Cape on 13 June.
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.
As suburbs grow we often see large shopping malls being built within close proximity to smaller community retail centres.
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