With the news recently in that Eskom will be hiking electricity tariffs by 15.63% from April, commercial and retail tenants will be bracing for increased strain on already tightly stretched budgets.

During the COVID-19 pandemic, property stocks in general took a significant hit, where retail and commercial office space – and even some industrial property holdings – were affected. In contrast, lower-income affordable housing – and inner-city housing in particular – has performed better than most other property markets in South Africa over the same period.

Hyprop, the retail-focused REIT with a R45.4 billion portfolio of shopping centres in South Africa, Eastern Europe and sub-Saharan Africa, improved its distributable income by 18% in the six months to 31 December 2020 compared with the six months to 30 June 2020.

Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic hub of North Eastern Limpopo, is poised for exciting growth in 2021.

JSE-listed EPP, the largest owner of shopping centres in Poland, announces the appointment of Agata Sekuła as the company’s Executive Management Team Member responsible for sales and acquisitions. Agata will join EPP from 1 March 2021 and be responsible for executing EPP’s divestment and investment plans, with particular focus on acquiring institutional co-investors for EPP’s retail portfolio.

Thursday, 19 November 2020 06:25

Emira is powering business the sustainable way

Mitigating environmental and economic risks for itself and its tenants’ businesses, Emira Property Fund is continuing its programme of investment into clean energy from renewable resources to create long-term growth and drive economic recovery.

Despite a challenging year that has seen the retail sector facing unprecedented headwinds, Exemplar REITail has released a healthy set of interim results for the period ended 31 August 2020.

Rural retail specialists, McCormick Property Development (MPD), are expanding their footprint in the Eastern Cape.

Conscious consumers are championing the resale of goods to reduce waste and extend the active life of garments and other products, and innovators in the retail sector are responding.

JSE listed REIT Octodec Investments Limited, today announced its annual results for the year to 31 August 2020, against a weakening economic environment exacerbated by the COVID-19 pandemic and subsequent lockdown.

Page 3 of 89

Most Popular

Residential sectional title sales again on the rise

May 27, 2021
Andrew_Golding_Golding_PropertyGroup
Over the past 15 years, the sectional title market in South Africa has become entrenched…

Pick n Pay and Fortress co-invest in a super distribution centre development

May 26, 2021
Fortress_Pick_n_Pay
Fortress REIT announced that their biggest logistics development to date was signed with…

Ongoing property market uncertainty makes the right finance partner key to extracting value

May 26, 2021
Claire Denny
Results from the listed property sector in 2020 showed property values reducing by an…

Exemplar REITail declares final dividend of 49.07 cps and announces 100% distribution

May 25, 2021
Mall of Thembisa
Rural and township retail specialists, Exemplar REITail, have declared a final dividend…

East Rand Mall will soon deliver the first phase of its major taxi rank upgrade

May 26, 2021
Phase 1 upgrade to the taxi rank at EastRand Mall
The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg,…

Please publish modules in offcanvas position.