Acquisition of a new a grade retial shopping centre anchored by multi-national tenants with US dollar underpined leases.

Empowerment, transformation, and collaboration: These are some of the themes that emerged at the annual convention of the South African Institute of Black Property Practitioners, which took place on 2 and 3 November.

Rebosis Property Fund, the JSE’s first listed black-managed REIT,  today announced that it has obtained overwhelming shareholder support to acquire two large, regionally dominant retail centres as well as the services companies from property developer Billion Group (Pty) Limited.

The annual Consumer Price Index (CPI) eased to 5.9% in August 2016, Statistics South Africa (Stats SA) announced on Wednesday.

Tuesday, 13 September 2016 17:58

Current account deficit narrows to 3.1%

South Africa’s current account deficit narrowed to 3.1% of gross domestic product (GDP) in the second quarter of this year.

As a leading financier and occupier of green buildings in South Africa, Nedbank offers tangible evidence of the sustainable environmental and economic value that such buildings have to offer businesses that include them as an integral component of their sustainability commitments. 

JSE newcomer Stor-Age - South Africa’s largest self storage property fund - today posted maiden annual results outperforming its pre-listing forecasts and reflecting its recession-resilient business model and product. 

Wednesday, 08 June 2016 19:26

GDP contracts in first quarter of 2016

South Africa’s Gross Domestic Product (GDP) contracted by 1.2% in the first quarter of 2016, Statistics South Africa (Stats SA) announced on Wednesday.

Founded forty years ago to house a few thousand people working on the then-new Sasol Two and Sasol Three plants in Mpumalanga, Secunda has since grown into a thriving modern town with about 300 000 residents and a complex economy of its own.

The past 10 months have been something of a mix for Texton Property Fund, with the firm’s shopping in the UK contrasted by pieces of negative news, including a falling stock and a worryingly high churn rate at the top.

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