Fortress REIT Ltd (JSE: FFA and FFB) welcomes the announcement yesterday by the Financial Sector Conduct Authority (FSCA) that there is no evidence of prohibited trading practices by related parties in relation to Fortress share trades.

JSE listed diversified real estate investment trust Redefine Properties today announced that its legendary founder and pioneering property investor and developer Marc Wainer retires from the company at the end of August 2019. 

Today Attacq Ltd  the JSE listed REIT developing Waterfall City, and Waterfall Logistics Hub announced, in partnership with acclaimed property developer, Tricolt, the breaking of ground at Ellipse Waterfall, the first high rise development within Waterfall City.

Growthpoint Properties’ R240m Sterling Industrial Park development in its Centralpoint innovation district is bringing to life the next phase of this major high-tech precinct.

Bondspark CEO, Marcel du Toit says that there are several reasons behind the overall improvement of the local property sector this quarter.

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.

Redefine Properties, which manages a diversified property asset platform of local and international investments, is relentlessly pursuing strengthening its balance sheet with a primary priority on right-sizing its asset footprint to its capital base in volatile global and local financial markets.

A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market  Snapshot H1:2019 report.

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.

Iulius Town Timisoara, developed by the joint venture of Atterbury Europe and dominant Romanian real estate name Iulius, will open on 30 August 2019 to become western Romania’s first mixed-use development and the largest real estate investment in the region.

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