According to John Loos, a mild slowdown for the Consumer and Retail Property sector is projected based on an FNB macroeconomic scenario where recession is avoided, inflation is moderate, and interest rates have just about peaked.

Retail sales growth remains solid in real terms, having averaged 3.3% for the 1st 5 months of 2016, similar to the average growth for 2015 as a whole.

Emira Property Fund today announced it has signed an agreement with WSP|Parsons Brinckerhoff for approximately 5,800m² of premium quality sustainable head office space at its leading-edge Knightsbridge office park development in Bryanston.

The South African property sector is worth a whopping R5.8 trillion according to results from the latest study undertaken to determine the size of the country’s property sector.

Leading shopping centre investor Pareto today announced it has entered into new unsecured loans with Absa, achieving its ambitious goal of ensuring unsecured finance across its entire portfolio.

The joint venture has acquired 28ha of Waterfall land from Attacq and an additional adjacent 100ha from the Mia family, securing a total of 128ha of usable land on the eastern side of the N1 freeway and south of the Allandale interchange.

For now, the current cooling in the growth of retail sales volumes and contracting import volumes do not bode well for the demand for warehouse space to rent, and consequently market rentals.

Easy access to the workplace, educational institutions, shopping, entertainment, transport, and other facilities, as well as security, remain important concerns to the residents of Pretoria, and are assisting to drive ongoing demand for properties in well-situated estates and sectional title complexes.

In a deal which catapults the fund onto a entirely new level, Tower Property Fund has purchased four retail centres in Croatia from Agrokor - the largest company in the Adriatic region.

Mara Delta (formerly Delta Africa) announced its acquisition of a 50% interest in a new A-grade Zambian retail property from Rockcastle Global Real Estate Company.