Fortress Real Estate Investments Limited (Fortress), a leading real estate investment company with a portfolio of high-quality logistics and retail assets in South Africa and Central and Eastern Europe (CEE), has issued a trading and pre-close operational update for the period subsequent to 30 June 2024, showcasing continued growth and robust performance across its key segments.

Growthpoint Properties Limited, South Africa's leading real estate investment trust (REIT), announced it is commencing a landmark residential and retail development, Olympus Sandton, in partnership with leading luxury residential developer Tricolt.

JSE REIT Stor-Age continued its track record of consistent earnings growth delivering an excellent set of trading results for the year ended 31 March 2024.

Equites Property Fund Limited announced results for the 2024 financial year, highlighting DPS of 131.12 cents, at a 100% pay-out ratio, in line with market guidance.

Dipula Income Fund (JSE: DIB) delivered a healthy set of results for the six months to 29 February 2024, reporting improved operational and financial metrics, as well as strategic gains in a period that marked the first phase of its new solar photovoltaic initiative roll-out.

Two years since launching, Growthpoint Student Accommodation REIT has introduced R1.5bn in new investment to this alternative property sector, added 4,000 new beds for students and created a strong pipeline of future developments.

Rural retail owner and asset manager, Exemplar REITail, launched its first development in the Eastern Cape with the opening of KwaBhaca Mall in Mt Frere at the end of October.

To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water efficiency improvements in its existing commercial properties.

Office occupancies in Cape Town and Durban could well be seeing an upswing – welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic.

Emira Property Fund has proposed a general offer to Transcend Residential Property Fund shareholders to acquire all the shares in Transcend that Emira doesn’t already own.