London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 30 June 2019, despite challenging macro-economic conditions.
Eris Property Group has appointed a new Chief Executive Officer (CEO). Barend de Loor will assume his new role at the property development, investment and services group as of 1 September 2019, succeeding long-standing CEO of 15 years, Warren Schultze.
When people want to invest in real estate they usually secure a loan to purchase a property – either residential or commercial.
A survey recently carried out by the respected property analysts, Lightstone, has revealed a range of statistics that will be of interest to anyone keeping track of property trends in South Africa today, says Rowan Alexander, Director of Alexander Swart Property, the Cape Town estate agency headquartered at Brackenfell.
“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi
In the week ahead, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will meet to deliberate on interest rates from the 26-28 March, and FNB expects it to leave its policy Repo Rate unchanged at 6.75%.
Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.
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