Listed property fund SA Corporate Real Estate’s year to December results have not been well-received by some analysts because the company’s distribution per unit fell below its forecast.
Ascencia Ltd, which listed on the Development & Enterprise Market (DEM) of the Stock Market of Mauritius in December 2008, represents the first commercial property fund in Mauritius undertaking a capital raising exercise open to SA investors
Nedbank Corporate Property Finance has provided R160 million senior funding for the purchase of two retail shopping centres in Phuthaditjhaba in the Free State, on behalf of the IDEAS Fund, a policy product of Old Mutual
Properties in Kimberley and Bloemfontein will be in the spotlight at the Alliance Group’s auctions this month, where 13 retail and office blocks and a parking garage will be on offer.
'Still lots of buyers' for the sale that has been dominated by retail buildings in small towns.
Morden office and retail buildings, as well as an historical hotel building in Gauteng and Mpumalanga, will be on offer at the Alliance Group multi- property auction next month.
The success of the Lagos Palms - a pioneering retail venture, which in 2006, provided Nigerians with their first 21st century shopping and entertainment experience - has prompted plans for a further $220 million extension including a waterway transportation option
Listed and commercial property sector is expected to achieve 15% in total return in the next two to three years, with income growth seen at 7.5% over the same period, an investment consultant said today.
Nedbank Corporate Property Finance’s Gauteng division has acquired an effective one-third interest in a proposed multibillion-rand mixed-use development in Irene
Diepsloot Mall, the new shopping mall in Diepsloot near Fourways, has commenced trading

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.