Growth in the value of outstanding credit balances in the South African household sector (R1 660,9 billion) remained relatively stable in the first four months of 2019, recorded at 6% year-on-year (y/y) at the end of April this year.

Investec Australia Property Fund has listed on the Australian Securities Exchange (ASX) following its recent successful capital raising.

Arrowhead Properties Limited, a proudly South African JSE-listed REIT with a diverse portfolio of retail, office and industrial properties today announced an interim dividend of 27,8 cents for the six months ended 31 March 2019, which is in line with the communicated guidance.

Friday, 24 May 2019 12:31

Repo rate unchanged

South African Reserve Bank (SARB) Governor Lesetja Kganyago has announced that the Monetary Policy Committee (MPC) has maintained the repurchase (repo) rate at 6.75%.

As anticipated, the MPC kept the repo rate steady, taking a conservative approach against the backdrop of rising fuel prices, and with a wary eye on CPI inflation, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Lucid Ventures, the R350M Cape Town based Hotel Fund, this week announced the launch of an all new boutique hotel brand Home* Suite Hotels into the South African market.

JSE diversified REIT, Dipula Income Fund (Dipula), today announced steady interim results for the six months to February 2019.

Izandla Property Fund  announced the completion of the development of a new logistics warehouse and offices measuring 17,020m² for the Wax Division of Sasol Chemicals, located in the Sasol ChemCity Eco-Industrial Park in Sasolburg, Free State.

The first quarter of 2019 saw significant diverging trends at a segment level in private sector financed residential building activity in South Africa.

“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi

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