eProperty News

Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, reported results for the year ended 31 December 2020 with distributable earnings reaching €5.56 cents per share, exceeding its guidance of between €4.75 and €5.25 cents.

The GDP print for the fourth quarter of 2020 has come in better than expected, seeing markets respond positively in terms of rand strength and bond yields.

Wednesday, 10 March 2021 18:30

Young investors give property the thumbs up

The future of South Africa’s housing market is looking bright, as aspirant buyers between the ages of 18 and 24 are the most optimistic about the merits of investing in property.

Investec Property Fund announced the finalisation of the sale of their 38.04% equity interest in the UK Fund to Argo Real Estate Limited, for a cash consideration of GBP35 million.

Thrift By Flav opened in the Mall of Africa in Waterfall, becoming the first thrift store to open in a super-regional mall in South Africa. 

The SA REIT Association (SAREIT or the Association), a representative umbrella body for South African REITs focused on promoting the sector as an attractive asset class; today released its newly established Research Committee’s maiden report.

Located in the heart of the Sandton CBD, 96 Rivonia is Joburg’s hottest new serviced office space, with breathtaking views to boot. 

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the six months to December 2020 that portrayed strong improvements in property fundamentals and a pleasing 7.2% increase in distribution against the most recent six months to 30 June 2020, which were at the height of the COVID-19 lockdown.

Hyprop, the retail-focused REIT with a R45.4 billion portfolio of shopping centres in South Africa, Eastern Europe and sub-Saharan Africa, improved its distributable income by 18% in the six months to 31 December 2020 compared with the six months to 30 June 2020.

Tuesday, 09 March 2021 14:46

GDP shrinks by 7%

The South African economy contracted by 7% in 2020, Statistician-General, economy , has revealed.

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