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. 

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

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.

Thursday, 18 July 2019 23:32

May StatsSA Building Statistics

May StatsSA Building Statistics – Very strong Residential Completions growth still, while on the Non-Residential side Industrial and Warehouse building activity appears to be the provider of “relative stability”

Discovery Place, the new high-performance global headquarters developed for Discovery in a joint venture of two of South Africa’s leading property companies, Growthpoint Properties and Zenprop Property Holdings, is the overall winner of the prestigious South African Property Owners Association (SAPOA) Awards 2019.

JSE-listed REIT Safari Investments RSA Limited today posted annual results for the period ending 31 March 2019. 

Tuesday, 25 June 2019 16:14

Equites Property Fund to list on A2X

Equites Property Fund Limited has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 1 July 2019.

When people want to invest in real estate they usually secure a loan to purchase a property – either residential or commercial.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

Last week’s NERSA decided to allow a further above-inflation tariff hike.

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