In the year to February, 2019 Tradehold, with property interests split between southern Africa and the United Kingdom, made several far-reaching structural and operational changes to the company to strengthen its balance sheet and tighten its focus.

NEPI Rockcastle’s wholly-owned subsidiary, NE Property BV, has closed the corporate bond book build referred to in the announcement released earlier today.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

The Public Investment Corporation SOC Limited (PIC) has increased its beneficial shareholding in Texton Property Fund, growing its stake in the JSE-listed SA REIT from 5.2% to a significant 18.9%.

A highlight on South Africa’s political calendar kicks off tomorrow at 17h00.

South Africans invested in Polish retail property are well positioned to benefit from the country’s growing consumer spend and the popularity of mall shopping among Poles.

JSE self storage specialist REIT, Stor-Age, continued to demonstrate the resilience of its business model with 9.1% dividend growth for the six months to September 2018, to 51.30 cents per share, in a tough macro landscape.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, yesterday closed its accelerated bookbuild.

JSE-listed self storage company Stor-Age opened a new store in the affluent residential area of Bryanston this week. The company’s trading portfolio has increased to over 50 stores in South Africa.

London United Kingdom, JSE AltX and Mauritius listed Real Estate Investment Trust (REIT) New Frontier Properties today announced that on 26 April 2018, fashion retailer H&M opened a 20,000 sq ft store in Underhill Walk at its Coopers Square Shopping Centre in Burton upon Trent.

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