Spear REIT Limited (SEA:SJ), with its exclusive focus on high quality Western-Cape only assets, released its FY2021 results on 14 May 2021.
The SA REIT Association (SAREIT or the Association), a representative umbrella body for South African REITs focused on promoting the sector as an attractive asset class; today released its newly established Research Committee’s maiden report.
Real estate has long been a rewarding sector of the financial markets. Like all sectors, share prices and the underlying fundamentals of commercial property assets weakened in early 2020, as South Africa and the rest of the world came to grips with managing through the pandemic, with some sectors suffering more than others.
The SA REIT Association (SA REIT or the Association), the representative umbrella body for South Africa’s listed property sector is rolling out a repositioning strategy and additional capacity to support South African REITs adjust for long-term sustainability.
Growthpoint Properties Limited (JSE: GRT) delivered 5.4% growth in revenue and R5.5bn in distributable income for its full-year to 30 June 2020.
With her wealth of financial and property sector experience, Joanne Solomon has been appointed as the first CEO of the SA REIT Association.
Kim Pfaff-Karg, BSc Property Studies (Honours) is the Chief Investment Officer at Spear REIT Limited, a Real Estate Investment Trust (REIT) listed on the Johannesburg Stock Exchange (JSE).
It is with great sadness that the SA REIT sector mourns the passing of property maverick Marc Wainer.
The Property Industry Group has announced an industry-wide assistance and relief package for retail tenants that are hardest hit by complying with South Africa’s lockdown in the face of the COVID-19 pandemic.
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