Stor-Age has expanded their portfolio by having now concluded the acquisition of StorTown, KwaZulu-Natal’s largest self storage facility, from the DanCor Properties Group.
JSE diversified REIT, Dipula Income Fund (Dipula), has overcome tough macro-economic conditions to post a 5.8% increase in combined dividends per share for the year to August 2017, driven entirely by organic growth.
Tongaat Hulett has been recognised as a global leader in sustainable water management and has been awarded a position on this year’s Water A-List by CDP, the non-profit global environmental disclosure platform.
Ballito Junction Regional Mall has been named the best new shopping centre development in South Africa this year.
Andile Mnguni, an executive at Tongaat Hulett Developments has been appointed to the national board of the South African Institute of Black Property Practitioners (SAIBPP).
Women continue to make inroads into the traditionally male-dominated South African property industry. Sandi Mbutuma, Women’s Property Network (WPN) Chairperson, acknowledges the changing face of the sector, with many women attaining prominent leadership positions in property companies and industry bodies.
The tourism industry is expected to grow in Mkhanyakude, KwaZulu-Natal, following a decision by the provincial government to upgrade Mkhuze Airport.
JSE listed self storage REIT, Stor-Age, the only self storage property group listed on any emerging market exchange worldwide, today announced its intention to acquire the attractive Durban based StorTown portfolio of self storage assets from the DanCor Properties group.
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