Since 2016 the City of Johannesburg has embarked on an ambitious programme to renovate its iconic but dilapidated buildings throughout its suburbs, and while the 3 Alice Lane building was renovated by its owner, it continued this familiar trend of restoring older buildings in the City.
Attacq Limited (“Attacq”), The South African-based REIT today announced its financial results for the year ended 30 June 2020.
Hyprop, a retail-focused REIT listed on the JSE, today reported annual results demonstrating management is navigating successfully through very uncertain times.
Spear REIT Limited (SEA:SJ), the only regionally focused REIT on the JSE with exposure to high quality Western Cape-only assets, disclosed its group performance under the national lockdown in a pre-close investor presentation on Friday 28 August 2020.
Latest GDP figures have laid bare the grim reality of COVID-19’s economic effects, revealing an unprecedented 51% decline in economic activity in the second quarter of this year (quarter-on-quarter, seasonally adjusted and annualised).
The South African economy contracted by a staggering 51% in Quarter 2 of 2020, as the country reeled from the consequences of the COVID-19 enforced lockdown, Statistician-General Risenga Maluleke has revealed.
Further repo rate cut would have provided relief for economy and boosted housing market, says Dr Andrew Golding.
As the Covid-19 crisis continues to disrupt local and global travel and tourism markets, IFA Fair Zim Hotel & Resort Proprietary Limited announced today that the company entered business rescue on Wednesday 16 September 2020 to safeguard the interests of all its stakeholders.
The FNB Commercial Property Broker Survey surveys a sample of commercial property brokers in and around the 6 major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay.
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