The latest research from JLL indicates that the demand for new purpose-build student accommodation in Sub-Saharan Africa (SSA) is set to exceed 500,000 beds over the next five years.

Delta Property Fund is coming under pressure as it struggles to impress investors given its mostly government-tenanted office portfolio.

Fitch Ratings agency has aligned South Africa’s long-term local currency rating to long term foreign currency rating at BBB with a stable outlook, said National Treasury on Tuesday.

In a bid to protect villagers from unscrupulous property developers and illegal land invasions, the Eastern Cape government wants villagers to be granted title deeds.

Eastern Cape Human Settlements MEC Helen Sauls-August says the department has made remarkable strides in building houses for poor people.

Gauteng provincial government institutes proceedings in the high court to review the near-doubling of a multimillion rand award against it in respect of the Gautrain.

Decreasing the listed Delta Property Fund’s gearing in a tough economic environment in which commentators expect interest rates to rise later this year.

Delta Property Fund (“Delta” or “the Fund”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported solid results for the financial year ended 29 February 2016.

Moody’s Investors Service (Moody’s) has affirmed South Africa’s government bond long and short term ratings of Baa2 and P-2 respectively, and has assigned a negative outlook.

The Reserve Bank says a further rating downgrade of South Africa could lead to capital outflows.