Growthpoint Properties has launched South Africa’s first unlisted healthcare real estate investment trust (REIT), Growthpoint Healthcare Property Holdings.

Every three years, the City of Cape Town updates their General Valuations roll to ensure property rates are adjusted in proportion to property values.

JLL’s Q1 2018 market reports unpack topical trends impacting South Africa’s main office, industrial and retail markets in the commercial real estate sector.

Africa’s burgeoning big cities will play an increasingly central role in the continent’s growth and development, driven largely by Africa’s rapid urbanisation.

JLL (NYSE:JLL) announced today that it rose 35 spots to 356 on the prestigious Fortune 500 list, which ranks the 500 largest companies based in the United States by total revenue for their respective fiscal years.

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

“Spear’s assets under ownership of its core portfolio have increased 117% since the start of the 2018 financial year. The strong performance of the core portfolio stands testament to the value investing nature of management and ability to actively manage assets that generate yield-enhancing returns for shareholders” – CEO Mike Flax.

With green building becoming a crucial part of developing smarter and more sustainable African cities, the Royal Institution of Chartered Surveyors (RICS) is pleased to announce the Green Building Council of South Africa (GBCSA) as a key participant and sponsor of RICS Summit Africa 2018, set for Sandton this month.

Core dividend growth delivered in challenging environment Fund delivers total shareholder return of 21% in FY 2018

JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has announced its decision to place auditors KPMG on notice. Redefine’s board has resolved to terminate its association with KPMG.