Friday, 01 May 2020 10:22

Disappointment at S&P downgrade

Government has expressed disappointment at rating agency S&P’s decision to downgrade South Africa’s sovereign rating amidst the COVID-19 pandemic.

MSCI Index reveals 7.9% total return in 2019.

JSE listed REIT Octodec Investments Limited, today announced a satisfactory set of results for the half year to 29 February 2020, against a rapidly degrading economic environment which translated into a slight reduction in distributable earnings to 97 cents per share.

With the first quarter of 2020 (Q1 20) ending only five days into the Covid-19 national lockdown, the statistics and trends analysis released by ooba home loans, South Africa’s foremost home loan comparison service, depicted an ideal environment for homebuyers.  

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.

Tuesday, 21 April 2020 21:20

Covid-19 compounds student housing crisis

The construction industry in South Africa has been brought to a halt by the spread of Covid-19.

Alex Mall can confirm that two staff members from one of our anchor tenants, Pick ‘n Pay, have tested positive for Covid-19.

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.

As the global community is grappling with COVID-19 and its ramifications, parties to commercial agreements have not been spared from panic in respect of the adverse effects of COVID-19 on commercial agreements.

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