Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

Growthpoint Properties and Investec Asset Management, in partnership with the International Finance Corporation (IFC), have announced the commencement of operations of their pan-African real estate investment business, Growthpoint Investec African Properties (GIAP), which is managed by Growthpoint Investec African Property Management.  

Shareholders are advised that Stenprop completed the acquisition of a fully-let industrial estate in Shrewsbury on 24 April 2018 for £2.9 million, in line with its stated strategy to focus on UK multi-let industrial (“MLI”) property.

Amidst serious political turmoil, the South African property market ended 2017 on a better footing, with industrial property and flat rentals managing to outpace inflation.

Rental growth continues to move at a steady pace, with the annual rate of growth on prime office assets across the 95 major markets covered by the JLL Global Office Index standing at 2.3% and around 70% of all markets recording rental uplift over the past year.

Arrowhead Properties, the only JSE listed property loan stock company to pay quarterly distributions, today exceeded expectations by achieving a 12,36% growth in distributions for the year ended 30 September 2013. 

Tuesday, 20 March 2007 02:00

Making affordable housing pay

An issue that needs to be addressed is the development of sufficient affordable housing to meet tremendous market demand.

Wednesday, 04 October 2006 02:00

Martprop buys more in Gauteng

Listed property unit trust Martprop Fund said on Tuesday it had acquired both an office and an industrial property in Gauteng for a total outlay of R65,5m. 

Thursday, 28 September 2006 02:00

SA Retail Boosting Assets In Under-Serviced Areas

A R43,3 million acquisition of a one-year-old Durban retail development is set to boost the share of SA Retail Properties Ltd assets in previously under-developed communities to more than 10%.

SA Retail Properties Ltd is set to make its first investment in Limpopo – the R86 million Hubyeni Shopping Centre opening next April in Elim, a town 13km south east of Makhado (formerly Louis Trichardt).

Page 2 of 3

Most Popular

Where is the housing market headed in 2021? Dr Andrew Golding comments

Jan 19, 2021
Andrew_Golding_Golding_PropertyGroup
After the worst economic downturn in decades, further dampened by the recent tightening…

Please publish modules in offcanvas position.