Against the backdrop of the unprecedented times we find ourselves in, today’s (19 March 2020) decision by the Monetary Policy Committee to reduce the repo rate by 100bps is a critical step towards financial survival.

JSE listed Spear REIT Limited, the owner of the Double Tree by Hilton Cape Town, is the first in South Africa to launch an innovative self-quarantine accomodation solution.

JSE listed diversified real estate investment trust Redefine Properties will introduce stricter cleaning and disinfecting protocols at its retail properties as part of a broad approach to preventing the transmission of COVID-19.

Peter Gent, ex-RMB Chief Operating Officer, has been appointed as an independent, non-executive director to the board of directors of commercial property development company, Heartwood Properties, who are listed on the 4AX (4 Africa Exchange).

With the Corona Virus now in SA and beginning to cause widespread panic, we are not only concerned for our health but also our businesses and livelihoods as it is predicted that the pandemic is likely to bankrupt far more people than it kills.

Offering 16 parks, five dams and some of the most spacious homes in Midrand, Kyalami Estates continues to attract buyers looking for a well-located and secure environment.

The data doesn’t lie: when women occupy positions of leadership, businesses are more resilient, employees more engaged, and bottom lines more robust.

Growthpoint Properties (JSE: GRT) reported distributable income growth of 2.2% to R3.2bn, an increase in dividends per share of 0.2%, and a 14.9% increase in group property assets to R160.2bn for its six-month period to 31 December 2019.

Wednesday, 11 March 2020 20:35

Building the community from the ground up

It is imperative to the growth of the South African economy, and our social responsibility, that big businesses support small businesses within the construction industry, and give back to the community.

The residents of Mzuri, a new residential estate in Somerset West, will not be left in the dark during load shedding, thanks to the developer’s forward-thinking investment in alternative energy options.

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