Mara Delta,  (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced robust financial results for the year ended 30 June 2016.  

Sun International’s (SUI) expansion into Latin America helped it grow overall revenue 15% to R12bn‚ but the casino group lost R503m in the year to end-June due to purchasing costs and legal settlements.

Resilient increases total distributions for its financial year by 25.1%, thanks to the effects of capital raising, a solid performance from its property portfolio and a weaker rand.

Mara Delta (formerly Delta Africa) announced that it is looking into investing a further US$ 110 million into Mozambique, by acquiring an additional four properties, as well as the second stage development of its Anadarko building.

Jackie van Niekerk‚ CEO of Pivotal Property Fund discusses full-year results from the property investment fund.

Delta Africa (formerly Delta International), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced solid interim quarterly results for the nine months ended 31 March 2016.  

Novare Real Estate Africa has announced that construction has started on its fourth commercial development in Nigeria, the multi-billion naira Novare Gateway mall in the capital city of Abuja.

Friday, 29 April 2016 03:06

Cash is king for shoppers

Savvy African consumers demand clean, interactive and well operated shopping centres, as well as extended trading hours to indulge in retail therapy, according to the Broll Shopper Segmentation Report 2016.

Friday, 22 April 2016 07:37

Consumers want more shopping hours

Consumers know what they want from shopping centres - they demand the presence of certain retailers as well as extended trading hours, according to the Broll Shopper Segmentation Report 2016 Volume 1.

Experienced Nigerian consumers are ahead of the curve when it comes to online shopping compared to consumers in Kenya and South Africa, according to the Broll Shopper Segmentation Report 2016 Volume 1.

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