eProperty News

While a further reduction to the interest rate would have been a bonus for aspirant first-time home buyers and existing homeowners with mortgages, the Monetary Policy Committee’s decision to leave the repo rate unchanged at 3.5% was anticipated by the majority of market commentators, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

JSE-listed EPP, the largest owner of shopping centres in Poland, announces the appointment of Agata Sekuła as the company’s Executive Management Team Member responsible for sales and acquisitions. Agata will join EPP from 1 March 2021 and be responsible for executing EPP’s divestment and investment plans, with particular focus on acquiring institutional co-investors for EPP’s retail portfolio.

JSE-listed Real Estate Investment Trust and 50% owner of Fourways Mall, Accelerate Property Fund is pleased to announce the appointment of Mr Derick van der Merwe as an independent non-executive director to the board of the Company with effect from 1 February 2021.

Thursday, 21 January 2021 16:25

Repo rate remains unchanged at 3.5%

The Monetary Policy Committee has decided to keep the repo rate unchanged at 3.5% per annum, Reserve Bank Governor, Lesetja Kganyago, has announced.

Wednesday, 20 January 2021 11:37

2021 - the year of the great reset

Although the pandemic hasn’t yet abated as we had all hoped and 2021 looks to be more of the same, interestingly, instead of increased pessimism, a December survey of global executives by the McKinsey Global Institute (MGI) found that even in the short-term optimism is growing with the highest levels of optimism now being detected since the onset of the Covid-19 pandemic.

After the worst economic downturn in decades, further dampened by the recent tightening of lockdown restrictions in response to the second wave of the pandemic and the recommencement of load shedding, economic growth – while admittedly coming off a low base - is still widely expected to show some positive growth of around 3% this year.

Tuesday, 08 December 2020 16:43

GDP recovers to 66.1% growth

The South African economy began its journey to recovery during the third quarter of 2020 - this after the national lockdown aimed at curbing the spread of COVID-19 had sent it into a tailspin.

JSE-listed Accelerate Property Fund today reported financial results for the six months ended 30 September 2020.

Redefine Properties, which turned 21 as a listed company this year, is well placed to benefit from logistics growth in Poland after hard lockdown restrictions locally and dividends withheld by offshore investments significantly dampened results for the year ended 31 August 2020. 

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