Data published by Statistics South Africa with regard to private sector-financed residential building activity (see explanatory note) showed that the planning phase of new housing improved in the first seven months of 2018, whereas the construction phase contracted.

Thursday, 20 September 2018 20:03

SARB keeps Repo rate unchanged

Consumers will breathe a sigh of relief after the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5%.

After falling to 29 in 2Q2018, the FNB/BER Building Confidence Index was unchanged in 3Q2018.

RE-Calibrating Supply and Demand for Sustainable Growth is a natural evolution of the previous year’s theme, Changing the West African Narrative, which aided more than 400 delegates representing over 200 companies to reposition the sector in a region sparked to a growth footing by Nigeria’s exit from recession.

Wednesday, 12 September 2018 13:39

Plans for Tinley ups KZN Coast's tourism stakes

Tinley is one of Tongaat Hulett’s northern development initiatives and one of significant tourism potential. Featuring kilometres of pristine coastline, lagoon, indigenous coastal forest and a key location within KwaZulu-Natal’s primary growth corridor, Tinley is uniquely positioned to accelerate tourism development.

Attacq Limited (“Attacq”), a South African-based and JSE listed REIT, today reported results for the year ended 30 June 2018.

Fortress REIT Limited, the diversified property group, has secured Vodacom as a major new tenant at its Louwlardia Logistics Park development in Centurion for a period of five-years, a major coup for the company, which also has We Buy Cars and Goldwagen Car Parts as tenants at the same facility.

Friday, 07 September 2018 13:58

Attacq welcomes Zimmer Biomet to Waterfall

Attacq Limited (Attacq), the JSE listed property company developing Waterfall City and Waterfall Logistics Hub, hosted an official ground-breaking ceremony today, to welcome international medical devices company Zimmer Biomet to Waterfall Distribution Campus.

MAS Real Estate Inc (“MAS”), a commercial property investor, developer and operator listed on the main board of the Johannesburg Stock Exchange (“JSE”) and the Euro-MTF market of the Luxembourg Stock Exchange (“LuxSE”), today reported solid results for the year ended 30 June 2018.

EPP, Poland’s largest retail property owner, posted distribution growth of 12% per share to EUR 5.82 cents for the six months ended 30 June 2018.

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