eProperty News

Investec Property Fund Limited (IPF or the Fund) is pleased to announce H2 2020 earnings available for distributionof 75.7cps (H2 2019: 73.5cps) representing 3.0% year-on-year growth.

Human Settlements, Water and Sanitation Minister, Lindiwe Sisulu, has declared 136 priority human settlements and housing development areas (PHSHDAs) across the country.

The Master Builders Association (MBA) North is calling on government to assist the industry by proactively engaging with the industry to firm up the lockdown regulations as they pertain to the construction industry as timeously as possible.

Many businesses operating in South Africa are cautiously optimistic for what is in store for the remainder of this year.

South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced  results for the six months ended 29 February 2020. The Group’s performance was achieved against a backdrop of extremely weak trading conditions globally and in  South Africa (“SA”).

JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, reported continued strong demand for its unique lifestyle apartments despite increased economic headwinds.

Growthpoint Properties has developed the first building on the African continent to achieve a WELL certification, further differentiating its workspaces and taking its portfolio of office properties to the next level.

Spear REIT Limited (SEA:SJ), the only regionally specialised Real Estate Investment Trust (REIT) listed on the JSE, reported its annual financial results today, posting 6.06% earnings growth amidst some of the toughest trading environments in recent years for the South African listed real estate sector.

In a recent note, we indicated that, in the “post-lockdown” recessionary period we would likely see the direct economy-related pressures being more severe on the Industrial Property Sector, via a very weak.

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